265 False or misleading appearance of trading

A person must not do, or omit to do, anything if—


the act or omission will have, or is likely to have, the effect of creating, or causing the creation of, a false or misleading appearance—


with respect to the extent of active trading in quoted financial products; or


with respect to the supply of, demand for, price for trading in, or value of those financial products; and


the person knows or ought reasonably to know that the person’s act or omission will, or is likely to have, that effect.

Compare: 1988 No 234 s 11B