Brazil's Central Bank has decreed the extrajudicial liquidation of Sefer Investimentos, a securities distribution firm based in São Paulo.
The move marks a decisive regulatory intervention against the broker-dealer, which the central bank said had compromised its economic and financial situation while violating legal norms.
According to the monetary authority, the liquidation order was issued on Friday, June 26.
The regulator simultaneously moved to make the assets of the company's controllers and former administrators unavailable, a standard precautionary measure in Brazilian financial insolvencies designed to preserve capital for creditors and clients.
Sefer Investimentos, identified by ticker 486990.KQ, operated as a distribuidora de títulos e valores mobiliários (DTVM).
The extrajudicial liquidation process places the firm under the direct supervision of the Central Bank, bypassing standard court-led bankruptcy proceedings to expedite asset recovery and client protection.