The Austrian Financial Market Authority (FMA) has imposed a fine of EUR 10,500 against a retail investor. The retail investor committed market manipulation contravening Article 15 of Regulation (EU) No 596/2014 (MAR; Market Abuse Regulation), by deliberately inflating the share price of shares by placing and executing a buy order. The purpose of Article 15 MAR is to protect investors, promote market integrity and to increase capital market confidence. The penal order is not final.
Update 20.05.2025:
The penal order is legally final.