Mule accounts defined; transactions through such accounts and diversion of assets treated as manipulative conduct under securities regulations. The Regulations define mule account as trading, dematerialised or bank accounts in another person's name but effectively controlled by someone else, including where the controlling person provides consideration; they extend the prohibition to acts of diversion, misutilisation or siphoning of a listed company's assets or any scheme to manipulate its books or financial statements that would affect securities prices, and expressly deem transactions through mule accounts for manipulative, fraudulent or unfair trade practices to be included in sub-regulation (1).