CFI Financial Group Secures Brazilian Brokerage License

CFI Financial Group has secured authorization from Brazil's central bank to operate as a securities brokerage firm in the country, the company said today (Thursday). The Banco Central do Brasil cleared CFI to function as a Corretora de Títulos e Valores Mobiliários, allowing it to offer local clients access to equities and fixed-income securities. The approval lifts the Dubai-based group's regulatory footprint to 15 licenses worldwide. It also gives CFI a foothold in a market the company has watched from the sidelines while it built out positions across the Middle East, Africa, and, more recently, parts of Latin ...