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I-14.01 - Derivatives Act
Section 151
Disposition versions
151. A person who directly or indirectly engages or participates in any transaction, series of transactions or trading method relating to a trade in or the purchase of a derivative or underlying interest, or in any act, practice or course of conduct is guilty of an offence if the person knows, or ought reasonably to know, that the transaction, series of transactions, trading method, act, practice or course of conduct
(1) creates or contributes to a misleading appearance of trading activity in, or an artificial price for, a derivative or underlying interest; or
(2) perpetrates a fraud on any person.
A person who attempts to commit an offence described in the first paragraph is also guilty of an offence.
151. A person who directly or indirectly engages or participates in any transaction, series of transactions or trading method relating to a trade in or the purchase of a derivative or underlying interest, or in any act, practice or course of conduct is guilty of an offence if the person knows, or ought reasonably to know, that the transaction, series of transactions, trading method, act, practice or course of conduct
(1) creates or contributes to a misleading appearance of trading activity in, or an artificial price for, a derivative or underlying interest; or
(2) perpetrates a fraud on any person.
