Misleading or deceptive conduct, false or misleading representations, and unsubstantiated representations

19 Misleading or deceptive conduct generally

(1)

A person must not, in trade, engage in conduct that is misleading or deceptive or likely to mislead or deceive in relation to—

(a)

any dealing in financial products; or

(b)

the supply or possible supply of a financial service or the promotion by any means of the supply or use of financial services.

(2)

A person must not engage in conduct that is misleading or deceptive or likely to mislead or deceive in relation to any dealing in quoted financial products.

(3)

Subsection (2) applies regardless of whether or not the dealing is in trade.

Compare: 1986 No 121 s 9; 1988 No 234 s 13