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Violation Tracker UK Individual Case

Company: Da Vinci Invest Limited
Penalty: £1,460,000
Year: 2015
Date: 12 August, 2015
Offence Group: financial offences
Offence Type: investor protection violation
Violation Description: Da Vinci Invest and Mineworld were fined £1.46 million and £4 million respectively in a court judgment that they engaged in market abuse with a trading strategy of placing large trades that were intended to create a false impression of supply or demand to alter the share price and were later cancelled.
Action Type: agency action
Agency: Financial Conduct Authority
Source of Data(click here)