CySEC imposes fine of €650.000 to Commerzbank AG for market manipulation

The Board of the Cyprus Securities and Exchange Commission (CySEC) completed its investigation regarding the compliance of the Cyprus Popular Bank (CPB) and Commerzbank AG with the Insider Dealing and Market Manipulation law and decided to impose a cumulative fine of €650.000 to Commerzbank AG.
According to a relevant announcement, the CySEC investigation concerned structured bonds ISINXS0345364227 and XS0345364656 for the period between 1 January 2008 – 15 March 2013.


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from Cyprus News Agency
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