Consob resolutions

This section contains some Consob Resolutions translated into English.

The official fortnightly bulletin, available only in italian version, contains the regulatory measures and interpretations issued by the Commission in the reference period, unabridged or not, together with other information on Consob's regulatory activity and with documents issued by other authorities concerning Consob's decisions. Nowadays it is published only on Consob's website.

In order to protect the right to privacy, which is recognized by Law, while ensuring the timely knowledge of unlawfulness of the conduct put in place by market operators, Consob sanction resolutions are detectable by external web search engines for the duration of three years. After this period, the resolution are detectable only through the Consob website.

ORDERS TO CEASE INFRINGEMENT OF INVESTMENT SERVICES AND ACTIVITIES WITHOUT BEING QUALIFIED PURSUANT ART. 18 OF CONSOLIDATED LAW ON FINANCE

This section contains Consob orders to end the infringement against anyone offering or carrying out investment services or activities through the Internet without being qualified, pursuant to Article 7-octies of the Consolidated Law on Finance

PROHIBITIONS AND SUSPENSIONS OF THE OFFERING OF INVESTMENTS OF A FINANCIAL NATURE TO THE ITALIAN PUBLIC, PURSUANT TO ARTICLE 99, PARAGRAPH 1, LETTERS B) AND D) OF CONSOLIDATED LAW ON FINANCE

This section contains Consob prohibitions and suspensions of the offering of investments of a financial nature to the Italian public pursuant to Article 99, paragraph 1, letters b) and d) of Consolidated Law on Finance

SHORT SELLING PROHIBITIONS

This sections contains Consob temporary prohibition of short selling in shares in the case of a significant fall in price,  pursuant to Regulation (EU) no. 236/2012 of the European Parliament and of the Council of March 14, 2012