Man fined €114,000 for insider trading

The financial regulator AFM has fined an entrepreneur €114,000 for insider trading in shares in supermarket group Super de Boer.

The man had heard at a closed meeting that another supermarket chain, as well as known bidder Jumbo, had emerged as a potential buyer for Super de Boer.
The man bought €100,000 worth of shares, later selling them for €14,000 profit.
The maximum fine the AFM could have levied was €2m.

Thank you for donating to

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