We have studied age dependent features in optical and near-infrared spectra of candidate members to the cluster (such as alkali lines and accretion associated indicators). In addition, we have complemented that study with the analysis of other youth indicators like X-ray emission or mid-infrared excess. We have confirmed the membership to Collinder 69 of ~90 photometric candidate members. As a byproduct we have determined a temperature scale for young M, very low-mass stars and brown dwarfs. We have assembled one of the most complete Initial Mass Functions from 0.016 to 20M_{sun}_. And, finally, we have studied the implications of the spatial distribution of the confirmed members on the proposed mechanisms of brown dwarfs formation.