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

The AMF and the ACPR sign two cooperation agreements with the SEC regarding the regime applicable to Security Based Swap Dealers (SBSD) in the...

On 23 July 2021, the French financial markets authority (AMF) and the French prudential control and resolution authority (ACPR) signed two cooperation agreements with the Securities Exchange Commiss

SEC-2021- MoU to allow French Security Based Swap Dealers (SBSD) to benefit from a substituted compliance regime

SEC-2021- MoU to allow French Security Based Swap Dealers (SBSD) to benefit from a substituted compliance regime 29 July 2021 Memorandum of understanding between the Securities and Exchange Comm

SEC-2021- MoU regarding the regime applicable to Security Based Swap Dealers (SBSD) in the U.S

SEC-2021- MoU regarding the regime applicable to Security Based Swap Dealers (SBSD) in the U.

SEC Charges Founder of Nikola Corp. With Fraud

The Securities and Exchange Commission today announced charges against Trevor R.

AMF is warning retail investors on the importance of consulting the white list of digital asset service providers (DASPs)

The AMF is calling on the extreme vigilance of retail investors when dealing with offers to invest in crypto-assets. The regulatory authority reminds of the existence of a Read more

Get the latest from Regulatory.News in your inbox!

×