The online broker and its CEO have to explain stock deals and capital market information to the financial regulator Bafin.
(Photo: dpa)
Berlin, Dusseldorf New trouble for the online broker Flatexdegiro: The financial regulator Bafin is checking whether the Frankfurt fintech company has fulfilled its obligations to publish price-sensitive information. According to Handelsblatt information, there are three cases in which the broker listed in the SDax could not have informed its investors sufficiently.
On request, the Bafin announced that it would not comment on specific cases. However, a spokeswoman emphasized that the authority “always” follows up on indications of violations of the ad hoc obligation. In the event of violations, it can impose fines.
Flatexdegiro also did not want to comment on relevant matters. The broker denied to the Handelsblatt that it violated transparency obligations in the three cases in question.
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