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BaFin Imposes Administrative Fine

Date 20/12/2021

On 3 December 2021 BaFin imposed an administrative fine amounting to 34.000 euros on a natural person due to a breach of section 114 (1) sentence 2 of the German Securities Trading Act (Wertpapierhandelsgesetz – WpHG).

An appeal was lodged against the administrative fine order.