(36)Persons who provide investment services on behalf of more than one investment firm should not be considered as tied agents but as investment firms when they fall under the definition provided in this Directive, with the exception of certain persons who may be exempted.
◷
New version applies from 04/01/2011 — introduced by Directive 2010/78/EU.
103 provisions change.
Later versions: 03/01/2018.
Recital 36 changes in this version: compare with the current text.