The CNMV, which is the Spanish securities regulator, is very worried about the space that big internet companies are giving unregistered investment platforms to advertise their services.
Spanish Securities Watchdog Calls for Search Engines, Social Network Operators to Stop Promoting Unregistered Investment Platforms
The CNMV, the Spanish securities regulator, has called for large search engines and social networks to stop offering advertising services for platforms that are not registered to offer investment or financial services. The regulator has also stated that it will take matters into its own hands by promoting regulation on the issue if these companies fail to address it.
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