Market sessions
Sydney
Tokyo
London
New York
Market status
Essential

CONSOB

Commissione Nazionale per le Società e la Borsa - Italy's securities regulator.

Quick answer

CONSOB is Italy's securities markets regulator. It enforces EU rules and maintains a public blacklist of unauthorised investment firms.

Definition

CONSOB (Commissione Nazionale per le Società e la Borsa) is Italy's public authority responsible for regulating securities markets. It enforces EU regulations and maintains a blacklist of unauthorized investment firms.

How It Works

  • Regulates Italian securities markets and investment services
  • Operates under EU MiFID II framework
  • Maintains blacklist of unauthorized brokers
  • Enforces ESMA restrictions on retail trading

Trading Tips

1

Check CONSOB blacklist before trading with any broker

2

Italian traders have EU-level protection

3

CONSOB actively pursues unauthorized firms

CONSOB Example

Say an Italian trader searches a flashy new broker on the CONSOB blacklist and finds it flagged as unauthorized. One search kills the pitch. CONSOB blocks payment flows to listed sites, so deposits may never even arrive.

How Traders Use CONSOB

Check the CONSOB warnings page before any deposit from Italy. Unauthorized firms cannot legally serve you, and money sent anyway sits outside every safety net.

Back to Glossary
Start Trading

Put Your Knowledge Into Practice

Compare regulated brokers and find the best one for your trading style.

Recommended alternative

We review this broker - here's who we recommend instead

We can only take you directly to brokers we're partnered with. This is the closest vetted alternative we've reviewed and can stand behind.

Compare every broker we rate