Fine

CySEC Fined Mr. Theodoros Aristodemou

Reason: AbuseDate: 01/12/2017Amount: 100000Link: https://www.cysec.gov.cy/en-GB/public-info/decisions/45814/?uuid=01122017163121

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Volkswagen Financial Services Australia penalized for misleading advertising

Reason: AbuseComment: Volkswagen Financial Services Australia Pty Ltd (ACN 097 071 460) (VWFSA) has paid a penalty of $216,000 after ASIC issued 20 infringement notices for alleged misleading statements made by VWFSA as part of its ‘1% you can’t ignore’ advertising campaign. Date: 28/11/2017Amount: 216,000 Link: http://www.asic.gov.au/about-asic/media-centre/find-a-media-release/2017-releases/17-410mr-volkswagen-financial-services-australia-pays-216-000-penalty-for-misleading-advertising/

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FCA fines bond trader for market abuse

Reason: AbuseContent of Penalty: The Financial Conduct Authority (FCA) has imposed on Paul Walter, a former Bank of America Merrill Lynch International Limited (BAML) bond trader, a financial penalty of £60,090 for engaging in market abuse. Following an investigation, the FCA found that Mr. Walter, an experienced trader, engaged in market abuse by creating a false and misleading impression as to ...

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