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Announcement: FMA imposes a sanction against a private investor for a breach against the MAR (Regulation (EU) 596/2014)

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The Austrian Financial Market Authority (FMA) hereby announces that it has imposed a fine of EUR 600.00 against a private investor (by way of the accelerated conclusion of proceedings pursuant to Article 22 para. 2b of the Financial Market Authority Act (FMABG; Finanzmarktaufsichtsbehördengesetz)). The private investor has in particular conducted market manipulation by conducting fictitious transactions (crossings). The penal order is final.

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