The National Securities Market Commission (in Spanish: Comisión Nacional del Mercado de Valores) (often abbreviated as CNMV) is the Spanish government agency responsible for the financial regulation of the securities markets in Spain. It is an independent agency that falls under the Ministry of Economy and Finance of Spain.
The CNMV was established in 1988 as part of a major reform of Spanish financial sector with the passing of law 24/1988 also known as the "Stock Market" act. Laws 37/1998 and 44/2002 have updated the powers and responsibilities of the agency establishing a regulatory framework to meet the requirements of the European Union. It also allowed for the development of the Spanish stock market in the European environment, incorporating new measures for the investor protection.
On 23 May 2008, the then second vice-president and finance minister, Pedro Solbes, announced in the Economic and Financial Committee of Congress that the government was planning a realignment of responsibilities for the regulation of the financial system as agreed by finance ministers of the European Union (ECOFIN). The project was expected to separate prudential and supervisory regulation to improve efficiency in monitoring the solvency and competitiveness of financial intermediaries as well as market transparency.
When I was a little boy felt so alone
Just a quiet country house I had to call home
Live with some other folks and rich millionaires
Just sat on their money lord, it seemed they didn't
care
Finally we moved out and found our own place
Where I could walk around with a smile on my face
But I knew in order to become a man
I'd have to pull up my roots and move on in this land
I'm gonna move away from here
You can find me if you want to go there
I'm gonna move away from here
You can find me if you want to go there
I came to school in the big city
Looked around at the lights and I thought they were
pretty
Told me they'd teach me to live by their rules
So I wouldn't be nobody's fool
I found out, 'fore too long
Those rules didn't allow me to sing my song
But I knew in order to become a man
I have to pull up my roots and move on in this land
I'm gonna move away from here
You can find me if you want to go there
I'm gonna move away from here
You can find me if you want to go there
And finally I joined the college ranks
They told me they'd teach me how to think
Gave me books to read and papers to write
But they didn't know about this boy's coming fight
I found out after a while
Reading those books was not helping my smile
But I knew in order to not conceal
I'd have to play my music and express what I feel
I've gotta move away from here
You can find me if you want to go there
I'm gonna move away from here
You can find me if you want to go there
I'm gonna move away from here
You can find me if you want to go there
I'm gonna move away from here yeah