Profit 1.900, penalty 50.000
52 comments / February 25, 2014
The Dutch watchdog for financial markets, the AFM, strikes again. Accent GraveĀ has been fined for manipulating the market in the penny stock NedSenseĀ in August 2010. Daytrading shop Accent Grave earned EUR 1900 with “pump and dump” trades, and are fined with EUR 50.000. Changing last traded In short, the trader bought 18k of these sharesRead more