BaFin imposes administrative fines

On 19 January 2022 BaFin imposed administrative fines totalling 10,000 euros on a natural person due to a breach of section 115 (1) sentence 1 and section 115 (1) sentence 2 of the German Securities Trading Act (WertpapierhandelsgesetzWpHG).

An appeal may be lodged against the administrative fine order.

Update (14.02.2022):

The administrative fine order is final and binding.

Source: BAFIN

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