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Announcement: FMA imposes sanction against a private investor for a breach against the Market Abuse Regulation (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 by means of a penal order against a private investor for breaches of provisions for the prevention of market abuse (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 conducted market manipulation by conducting several fictitious transactions (crossings). The penal order is final.

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