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Announcement: FMA imposes a sanction against a private investor due to breach of the ban on market manipulation

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The Austrian Financial Market Authority (FMA) hereby announces that it has imposed a fine of EUR 2,500.00 against a private investor due to breaches of the ban on market manipulation. The private investor committed market manipulation by placing orders and by subsequently changing these orders on a total of three trading days. The sanction was issued by way of the accelerated conclusion of proceedings pursuant to Article 22 para. 2b of the Financial Market Authority Act (FMABG; Finanzmarktaufsichtbehördengesetz) and therefore is final.

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