Supervision according to the German Exchange Act

The exchange supervisory authority, the Saxon State Ministry for Economic Affairs and Labour, is in charge of the legal supervision of the exchange and its bodies and of market supervision of the trading participants according to the German Exchange Act.

The most important tasks of the exchange supervisory authority include the following:

• supervision of the exchange, in particular through the exchange council, the management board of the exchange, the sanctions committee and the market surveillance department (bodies of the exchange) as well as the company operating the exchange
• supervision of the companies licensed to trade on the exchange in co-operation with the Market Surveillance Department of the exchange and the investigation of violations of provisions and orders under exchange law,
• compliance with the provisions and instructions under exchange law, the proper execution of trading on the exchange as well as proper settlement of the exchange transactions
• participation in legislation procedures and in the field of exchange policy.

Contact
Saxon State Ministry of Economic Affairs, Labour and Transport
Exchange Supervisory Authority

Visitor address:
Wilhelm-Buck-Str. 2
01097 Dresden

Postal address:
01073 Dresden
E-mail: boersenaufsicht@smwa.sachsen.de

Further information
Exchange supervisory authority at the Saxon State Department for Economic Affairs, Labour and Transport: www.smwa.sachsen.de
Exchange supervisory authorities of the federal states: www.boersenaufsicht.de
Exchange Act: BörsG Date of issue: 16 July 2007

Supervision according to the German Securities Trading Act

The supervision according to the provisions of the German Securities Trading Act is exercised by the Federal Financial Supervisory Authority (BaFin).

The most important tasks of this institution in the field of the German Securities Trading Act (WpHG) comprise the following:

• supervision of the ban on insider trading according to art. 14 ff. of WpHG,
• supervision of the ban on market price manipulations according to art. 20a WpHG.

Contact
Federal Financial Supervisory Authority
Securities Supervision

Visitor address:
Lurgiallee 12
60439 Frankfurt

Postal address:
PO box 50 01 54
60391 Frankfurt

Phone: 0228 / 4108 - 0
Fax: 0228 / 4108 - 123
E-mail: poststelle-ffm@bafin.de

Further information
BaFin: www.bafin.de
WpHG: http://www.bafin.de