Publication of the new CNMV circular 2/2020 of 28 october on the advertising of investment products and services

On 13 November, Circular 2/2020 of 28 October on the advertising of investment products and services (the “Circular”), of the Spanish National Securities Market Commission (the “CNMV”), was published in the Official State Bulletin (BOE). This Circular complements and develops Order EHA/1717/2010, of 11 June, on the regulation and control of advertising of investment services and products, of the Ministry of Economy and Finance (the “Order”).

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