BaFin imposes administrative fine

NEWS
Published
Aug 5th '21
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On 9 July 2021, Federal Financial Supervisory Authority (BaFin) imposed an administrative fine amounting to 120,000 euros on an individual in a management position at a domestic issuer due to a breach of section 115 (1) sentence 1 of the German Securities Trading Act (Wertpapierhandelsgesetz – WpHG).

 

An appeal was lodged against the administrative fine order.

 

Source: BaFin