Raúl Navarro is Deputy Manager of the Equities Supervision team at the CNMV Secondary Markets Department.

Mr. Navarro joined CNMV in 2008 and since then has been engaged in the areas of markets surveillance, market abuse and short selling. He has also taken part in the international regulatory activity in various working groups from IOSCO and ESMA. In particular, Mr. Navarro has actively participated in the development of ESMA´s technical work on MiFID II and MiFIR and currently in its review process. He represents CNMV at the ESMA´s task force for market structure issues with particular interest in topics related to trading modes and algorithmic trading.

Prior to joining CNMV, Raúl Navarro was an equity trader at ACF Ahorro Corporación and also gained experience before in the area of post-trading for equities and derivatives instruments at the same investment firm.
Mr. Navarro usually collaborates in different academic initiatives related to regulatory law and organised by IEB Instituto de Estudios Bursátiles, ICADE (Bespoke Finance), Universidad de Alcalá, etc.