BaFin imposes administrative fines

On 7 February 2022, BaFin imposed administrative fines totalling 70,000 euros on a natural person due to breaches of section 33 (1) sentence 1 of the German Securities Trading Act (WertpapierhandelsgesetzWpHG).

An appeal may be lodged against the administrative fine order.

Update (04.03.2022):

The administrative fine order is final and binding.

Source: BAFIN