Abstract
This paper deals with impact of the European legislation on the investment intermediary institute as one of the providers of investment services on the capital market. The beginning of the paper defines certain areas, which are especially effected by the European legal framework.
These areas are then further characterized and analyzed. The main parts of this paper deal with institutional grounds of the investment intermediary in the Czech legal order, its conceptual characteristics and duties related to his activities.
This paper aims to clarify the most important impacts of European law on the topics mentioned above.