Erscheinung:05.08.2021, Stand:updated on 20.04.2023 | Topic Measures BaFin imposes administrative fine
On 9 July 2021, 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.
Update (20.04.2023):
On 5 October 2022, the Frankfurt am Main Local Court (Amtsgericht Frankfurt am Main) dismissed the appeal.
The administrative fine order is final and binding.
