Prohibition of manipulative, fraudulent and unfair trade practices
X X X X Extracts X X X X
X X X X Extracts X X X X
....rance of trading in the securities market; (b) dealing in securities not intended to effect transfer of beneficial ownership but intended to operate only as a device to inflate, depress or cause fluctuations in the price of such securities for wrongful gain or avoidance of loss; (c) inducing any person to subscribe to an issue of securities for fraudulently securing the minimum subscription to such issue of securities, by advancing or agreeing to advance any money to any other person or through any other means; (d) inducing any person for dealing in securities for artificially inflating, depressing, maintaining or causing fluctuation in the price of securities through any means including by paying, offering or agr....
X X X X Extracts X X X X
X X X X Extracts X X X X
....her physical or digital, which the disseminator knows to be false or misleading and which is designed to, or likely to, influence the decision of investors dealing in securities; (j) a market participant entering into transactions on behalf of a client without the knowledge of or instructions from the client or misutilising or diverting the funds or securities of the client held in fiduciary capacity; (k) indulging in circular transactions in respect of any securities to artificially provide a false appearance of trading in such securities or to inflate, depress or cause fluctuations in the price of such securities; (l) fraudulent inducement of any person by a market participant to deal in securities with the obje....
TaxTMI