July 06, 2020 BY Steffy Bogdanova

Cyprus watchdog imposes a €650K fine on Commerzbank for market manipulation

The Cyprus watchdog alleged that CPB and Commerzbank acted “in concert to manipulate the market” regarding CPB’s shares in April and May 2011. CySEC imposed a €650,000 fine to Commerzbank AG for the violations. The Cyprus securities regulator decided not to impose a fine on CPB because it is s under special administration since 2013…

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