Announcement: FMA imposes sanction against a private investor for breach against the Market Abuse Regulation (MAR) – Regulation (EU) 596/2014
The Austrian Financial Market Authority (FMA) hereby announces that it has imposed a fine of EUR 400.00 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; Finanzmarktaufsichtbehördengesetz)). The private investor has in particular conducted market manipulation by conducting a fictitious transaction (crossing). The penal order is final.