AFM’s new powers up market controls
The financial services watchdog AFM has begun 104 investigations into possible financial market abuse since new laws giving the AFM more powers were introduced in October 2005. Some 85% of cases involved insider trading; the rest attempts to manipulate the financial markets, the AFM said.
Ten traders were under close scrutiny. Nevertheless, there were ‘no shocking cases which could undermine confidence,’ an AFM spokeswoman told ANP.
Thank you for donating to DutchNews.nl.
We could not provide the Dutch News service, and keep it free of charge, without the generous support of our readers. Your donations allow us to report on issues you tell us matter, and provide you with a summary of the most important Dutch news each day.
Make a donation