translate English to German: On the first issue, criticism of the FESCO definition of professional investors, as yet no legal content has been given to the concept of professional investor by the European Court of Justice.
Was den ersten Punkt, die Kritik an der FESCO-Definition der professionellen Anleger, anbelangt, so hat der Europäische Gerichtshof bislang keine Rechtsgrundlage für die Definition des professionellen Anlegers geliefert.