Essential

CNMV

Comisión Nacional del Mercado de Valores - Spain's securities market regulator.

Definition

CNMV (Comisión Nacional del Mercado de Valores) is Spain's securities markets supervisor. Operating under EU MiFID II, it regulates investment services firms and enforces ESMA restrictions on retail forex and CFD trading.

How It Works

  • Regulates securities markets and investment firms in Spain
  • Operates under EU MiFID II framework
  • Enforces ESMA leverage caps (30:1 forex)
  • Maintains warning list of unauthorized entities

Trading Tips

1

Spanish traders protected under EU regulations

2

Check CNMV register and warning list

3

Investor compensation up to €100,000

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