CNMV definition
Examples of CNMV in a sentence
Orders as part of services of advisory or management of portfolios of UCITS with different classes registered at the CNMV shall be processed for execution with the class that is most beneficial to the Customer, pursuant to the requirements of each class and, when applicable, will be carried out pursuant to the relevant Customer order.
Falling outside of the scope of the Order Execution Policy are transactions in the primary market that are only sold through private placements to eligible counterparties; transactions in the primary market that are sold through public placements (following filing of the issue prospectus with the CNMV); and transactions undertaken by the Bank for management of its proprietary portfolio and the actions of the Bank as a market maker.