Lei n° 14.478

The article’s own text, quoted verbatim from the primary source below — a citable fact, not a summary. No plain-English explanation is shown: writing one would be legal analysis nobody sourced (docs/RULES.md R1). That register is reserved should sourced explanations be added later, and will never share this card’s styling.

One statute, implemented differently by each regime below — the same directive granting different activities, client types and capital figures market by market.