Aggregated News From Investment Management Regulators

Sixth Wave Innovations Inc. (ISIN: CA83011Y1088): BaFin urges caution with buy recommendations for shares

Report/Flag

Please complete the required fields.



According to information available to BaFin, buy recommendations for shares in Sixth Wave Innovations Inc. (ISIN: CA83011Y1088) are currently being made on a large scale in the form of market letters and e-mails.

BaFin advises all investors to very carefully check the information given in the buy recommendations by consulting other sources, especially if the buy recommendations are made in a very aggressive way and investors are signalled the prospect of extremely high profits and/or are put under pressure to make a quick decision.

Often, the sole purpose of such market letters and e-mails is to induce investors to buy certain shares so that the senders of the recommendations can profit from the share price increases.

In Germany, the company’s shares are traded in the Open Market (Freiverkehr) segments of the Berlin, Frankfurt, Munich and Stuttgart stock exchanges and on Tradegate.

Investors can find information about how to protect themselves against dubious buy recommendations in a brochure published by BaFin (only available in German).

Regulator Information

Recent Articles

Ernesto A. Lanza Named Acting Director of SEC Office of Municipal Securities

Washington, D.C., Dec. 3, 2021 — The Securities and Exchange Commission today announced that Ernesto A. Lanza will serve as Acting Director of the Office of Municipal Securities (OMS). Mr.

Tender regarding the ‘Provision of services of two Office Admins/Telephone Operators

The Cyprus Securities and Exchange Commission (‘CySEC’) wishes to announce that it has issued the public Tender No. 19/2021 for the ‘Provision of services...

Nexus IFA (Clone of FCA Authorised Firm)

Fraudsters are using the details of firms we authorise to try to convince people that they work for a genuine, authorised firm. Find out...

Blanket Order 52-503 – Exemption from National Instrument 52-112 Non-GAAP and Other Financial Measures Disclosure

Regulated Industries FCNB is responsible for the regulation and enforcement of securities, insurance, pensions, credit unions, trust and loan companies, co-oper

Deutsche Wallet (Clone of FCA Authorised Firm)

Fraudsters are using the details of firms we authorise to try to convince people that they work for a genuine, authorised firm. Find out...

Get the latest from Regulatory.News in your inbox!

×