Deutsche Boerse Faces Cum-Ex Investigation: Manager Magazin

Deutsche Boerse AG, whose Clearstream unit has long been entangled in the German criminal probe of Cum-Ex trades, is facing additional scrutiny from a regulator, Manager Magazin reported.

• The stock regulator of the State of Hesse is probing whether Deutsche Boerse’s unit in charge of monitoring trading and spotting market manipulation had the right control mechanism in place to spot Cum-Ex deals, according to the report
• The agency hired law firm Hogan Lovells to conduct the review that started a year ago, the magazine reported without saying where it got the information
• Deutsche Boerse and the stock regulator didn’t ...