iBroker CEO: ‘CNMV New Rules Will Require Major Changes From Us’

[kreslik.news]

Following the footsteps of its fellow European financial regulators, the Comision Nacional del Mercado de Valores (CNMV), the financial regulatory body of Spain, has decided to increase costumer protection by issuing a new set of rules regarding risk disclosure, trading costs, leverage and advertising requirements.

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The local industry was given one month to comply with the new set of decrees, which will come into effect on April 17th. In order to better understand how online trading brokers are coping with it, Finance Magnates sat down with Enrique Martí, CEO of ... (read more)