Fines for market manipulation increased
The fines for insider trading and other market manipulation in the Netherlands are to be sharply increased in an effort to deter such deals in the current financial market turmoil, the cabinet agreed on Friday.
Fines will now rise to up to twice the profit made on illegal trading. The current maximum is €480,000.
The increase follows a three-month ban on so-called short-selling introduced at the start of this month.
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