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

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The Austrian Financial Market Authority (FMA) announces that it has imposed a fine of EUR 400 (by way of the accelerated conclusion of proceedings pursuant to Article 22 para. 2b of the Financial Market Authority Act (FMABG)) for a breach against the Market Abuse Regulation (MAR, Regulation (EU) 596/2014) by a private investor. Der Privatanleger hat durch den Abschluss von einem Scheingeschäft den Tatbestand der Marktmanipulation (Crossing) verwirklicht. The penal order is final.

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