In the event that a supervisory authority has either concrete indications or even a (well-founded) suspicion, the supervisory authority has a wide range of options at its disposal. For example, notices can be published to warn against certain providers, which usually cause considerable reputational damage, up to ordering the cessation of business operations and reversal, which usually results in the insolvency of the issuer. Furthermore, the supervisory authorities have extensive rights to information and disclosure, some of which go beyond the rights of the public prosecutor’s office. In the event that proceedings are initiated or threatened, competent legal representation is urgently required.