The National Securities Market Commission (CNMV) has recently issued warnings on several entities operating in the financial sector, cautioning investors against engaging with these institutions due to their lack of proper authorization.

Unauthorized Entities Listed in CNMV's Warning

The following entities have been named in the CNMV's official warning:

1. GESTION-IMV.COM (CLON)
2. ESPACEGESTION-IMV.COM (CLON)
3. IMV-GESTION.COM (CLON)
4. TRADERPRO FX
5. TRADERPROFX.COM/BUSINESOFT LTD
6. primeoptstrade.com/PRIMEOPTS TRADE LTD
7. INVEXPLUS.COM (CLON)
8. EXITOSOFX.COM/EXITOSOFX
9. cmfxtrade.com
10. CM FX TRADE
11. FERGATEX.IO
12. FERGATO LLC
13. prime-capitalpro.com/PRIME-CAPITALPRO

According to the CNMV, these entities are not registered in its corresponding registry, and therefore, they do not possess the necessary authorization to provide investment services or other activities supervised by the CNMV.

Additionally, the CNMV has clarified that these entities have no affiliation with legitimate financial institutions that are registered with the CNMV. For instance, GESTION-IMV.COM and its variants have no association with INTERMONEY VALORES, SOCIEDAD DE VALORES, S.A., a registered Spanish entity. Similarly, INVEXPLUS.COM (CLON) is not related to INDEXUS GROEP B.V., which is properly registered in Spain as an Empresa de Servicios de Inversión del Espacio Económico Europeo en Libre Prestación.

In response to these warnings, the CNMV has encouraged investors to verify the registration status of financial institutions before engaging with them. They can do so by contacting the CNMV's investor service hotline or by utilizing the search engine available on the CNMV's official website.

If anyone comes across investment service offers from unregistered institutions, the CNMV encourages them to report such instances through the CNMV's inquiry form or the whistleblowing channel established for reporting infringements.

CNMV Implements New Measures to Protect Spanish Retail Investors

The CNMV's resolution, effective from August 3, 2023, has introduced strict measures to protect retail investors in Spain. It includes bans on advertising CFDs and leveraged instruments to retail investors, limits on remuneration and sales techniques related to these products, and intervention measures to regulate their marketing and distribution.

Furthermore, these restrictions apply to all authorized entities offering investment services in Spain, encompassing both firms with a physical presence in the country and those operating under the freedom to provide services without a physical presence, thus, affecting the marketing and sale of CFDs and leveraged products to retail investors in Spain.