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Financial Markets Control Act, 1989 (Act No. 55 of 1989)

22. Fraudulently Inducing Person to Deal in Financial Instruments

 

 

No person shall —

(a) by making or publishing any statement, promise or forecast which he knows to be misleading, false or deceptive; or
(b) by the concealing of material information at his disposal;

induce another person to deal in a financial instrument on a financial market.