CNMV: Spain’s securities supervisor and investment-firm registers

The Comisión Nacional del Mercado de Valores supervises Spain’s securities markets and the activities of participants within its remit. Its stated purposes include market transparency, correct price formation and investor protection. For broker research, its investment-firm register is distinct from the general commercial company register.[1]

Authority

Comisión Nacional del Mercado de Valores

Jurisdiction

Spain

Remit

Spanish securities-market supervision and official registers for investment-service firms and other regulated market participants.

A firm’s entry should be read with its activity programme and registration status. Group ownership, a trading brand and a cross-border service notification answer different questions. The regulator’s published records provide the route to the legal company; an overseas sister company is not covered merely because it uses the same brand.[2][3]

The linked broker coverage here is selected editorial material, not a complete copy of the CNMV register or an endorsement. Current permissions must be checked in the relevant official entry rather than inferred from an older announcement.[2]

Open the official register ↗

Check the exact legal entity, permissions, current status and scope in the official record. A brand connection in our coverage does not establish authorisation.

CNMV’s 2023 intervention adds Spanish restrictions on CFD advertising and specified sales practices to the earlier retail CFD framework. Its July 2024 FAQ explains that this is not a blanket ban on customers trading CFDs: transactions initiated solely by the customer remain possible subject to the applicable obligations. A broker’s overseas authorisation does not remove the need to examine Spain’s rules for business directed at Spanish investors.[4]

First complain to the firm’s customer service department or customer ombudsman. CNMV permits escalation after an unsatisfactory response or one month without a response for a consumer complaint. The complaint to CNMV must be made within one year of the initial complaint to the firm; its guidance also excludes cases where more than five years passed between the events and that initial complaint.[5]

FOGAIN provides up to EUR 100,000 for qualifying money or instruments that a member cannot return under the scheme’s failure conditions. It does not cover ordinary changes in investment value. Confirm membership and eligibility: a foreign investment firm using the cross-border services regime is not thereby a FOGAIN member and may instead fall under its home-country scheme.[6][7]

Resource availability describes the documented route. It does not establish eligibility, authorisation or compensation coverage.

This profile has not yet established the applicable procedure, receiving body and eligibility for this task. Consult the authority’s official resources and check your firm, product and circumstances before acting.