The Austrian Financial Market Authority (FMA) has imposed a fine of EUR 1,200 against a retail investor (by way of the accelerated conclusion of proceedings pursuant to Article 22 para. 2b of the Financial Market Authority Act (FMABG; Finanzmarktaufsichtsbehördengesetz)). Specifically, the retail investor committed market manipulation in contravention of Article 15 of Regulation (EU) No. 596/2014 (MAR; Market Abuse Regulation), by undertaking securities transactions together with another market participant that has been discussed in advance. The purpose of Article 15 MAR is to protect investors, promote market integrity and to increase capital market confidence. The penal order is final.