Prohibition of manipulative, fraudulent and unfair trade practices

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....a company whose securities are listed or any concealment of such act or any device, scheme or artifice to manipulate the books of accounts or financial statement of such a company that would directly or indirectly manipulate the price of securities of that company, or (ii) transactions through mule accounts for indulging in manipulative, fraudulent and unfair trade practice shall be and shall always be deemed to have been included in sub-regulation (1).] (2) Dealing in securities shall be deemed to be a ^6[manipulative,] fraudulent or an unfair trade practice if it involves ^7[any of the following]:- (a) ^8[knowingly] indulging in an act which creates false or misleading appearance of trading in the securities market; ....

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....ntention of performing it or without intention of change of ownership of such security; (h) ^14[selling, dealing or pledging of stolen, counterfeit or fraudulently issued securities whether in physical or dematerialized form: Provided that if:- (i) the person selling, dealing in or pledging stolen, counterfeit or fraudulently issued securities was a holder in due course; or (ii) the stolen, counterfeit or fraudulently issued securities were previously traded on the market through a bonafide transaction, (iii) such selling, dealing or pledging of stolen, counterfeit or fraudulently issued securities shall not be considered as a manipulative, f....

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....substantial impending transaction in that securities, its underlying securities or its derivative;] (r) ^24[knowingly] planting false or misleading news ^25[or information] which may induce sale or purchase of securities. ^26[(s) mis-selling of securities or services relating to securities market; Explanation- For the purpose of this clause, "mis-selling" means sale of securities or services relating to securities market by any person, directly or indirectly, by- (i) knowingly making a false or misleading statement, or (ii) knowingly concealing or omitting material facts, or (iii) knowingly concealing the ass....

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....ket) (Amendment) Regulations, 2013 w.e.f. September 6, 2013. 4.  Inserted vide Notification No. SEBI/LAD-NRO/GN/2018/56 dated 31-12-2018 w.e.f. 01-02-2019 5. Inserted vide Notification No. SEBI/LAD-NRO/GN/2018/56 dated 31-12-2018 w.e.f. 01-02-2019 6. Inserted vide Notification No. SEBI/LAD-NRO/GN/2018/56 dated 31-12-2018 w.e.f. 01-02-2019 7.  Substituted vide Notification No. SEBI/LAD-NRO/GN/2018/56 dated 31-12-2018 w.e.f. 01-02-2019 before it was read as, "fraud and may include all or any of the following, namely" 8. Inserted vide Notification No. SEBI/LAD-NRO/GN/2018/56 dated 31-12-2018 w.e.f. 01-02-2019 9. ....

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....6 dated 31-12-2018 w.e.f. 01-02-2019 before it was read as,  "(i) an intermediary promising a certain price in respect of buying or selling of a security to a client and waiting till a discrepancy arises in the price of such security and retaining the difference in prices as profit for himself;" 16.  Omitted vide Notification No. SEBI/LAD-NRO/GN/2018/56 dated 31-12-2018 w.e.f. 01-02-2019 before it was read as,  "(j) an intermediary providing his clients with such information relating to a security as cannot be verified by the clients before their dealing in such security;" 17. Substituted vide Notification No. SEBI/LAD-NRO/GN/2018/56 dated 31-12-2018 w.e.f. 01-02-....

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....Substituted vide Notification No. SEBI/LAD-NRO/GN/2018/56 dated 31-12-2018 w.e.f. 01-02-2019 before it was read as,  "(q) an intermediary buying or selling securities in advance of a substantial client order or whereby a futures or option position is taken about an impending transaction in the same or related futures or options contract." 24.  Inserted vide Notification No. SEBI/LAD-NRO/GN/2018/56 dated 31-12-2018 w.e.f. 01-02-2019 25.  Inserted vide Notification No. SEBI/LAD-NRO/GN/2018/56 dated 31-12-2018 w.e.f. 01-02-2019 26.  Substituted vide Notification No. SEBI/LAD-NRO/GN/2018/56 dated 31-12-2018 w.e.f. 01-02-2019 before it ....