In 1983 a new law extended its jurisdiction to protecting public savings, and two years later CONSOB received juridical personality and autonomy.

In 1991, it was attributed powers to audit securities brokerage companies and monitor insider trading.

CONSOB carries out several functions: CONSOB is headed by a collegiate body consisting of a chairman (as of November 2019 Paolo Savona; his predecessors include Mario Nava, Giuseppe Vegas, Lamberto Cardia, Luigi Spaventa, Enzo Berlanda, and Franco Piga) and four members, appointed by a decree of the President of the Republic on the proposal of the President of the Council of Ministers, who remain in office for seven years and their term is non-renewable.

The organizational structure includes a central management committee under which there are eleven departments (issuers, intermediaries, markets, etc.)

and thirty-nine divisions (company controls, public tender offers and ownership structure, financial representatives monitoring and register, insider trading, derivatives markets, etc.