Acts and Regulations

S-5.5 - Securities Act

Full text
Misleading or untrue statements
181No person shall make a statement that the person knows or reasonably ought to know
(a) in a material respect and at the time and in the light of the circumstances under which it is made, is misleading or untrue or does not state a fact that is required to be stated or that is necessary to make the statement not misleading, and
(b) significantly affects, or would reasonably be expected to have a significant effect on, the market price or value of a security or a derivative.
2008, c.22, s.52; 2013, c.43, s.32
Misleading or untrue statements
181No person shall make a statement that the person knows or reasonably ought to know
(a) in a material respect and at the time and in the light of the circumstances under which it is made, is misleading or untrue or does not state a fact that is required to be stated or that is necessary to make the statement not misleading, and
(b) significantly affects, or would reasonably be expected to have a significant effect on, the market price or value of a security or an exchange contract.
2008, c.22, s.52
Misleading or untrue statements
181No person shall make a statement that the person knows or reasonably ought to know
(a) in a material respect and at the time and in the light of the circumstances under which it is made, is misleading or untrue or does not state a fact that is required to be stated or that is necessary to make the statement not misleading, and
(b) significantly affects, or would reasonably be expected to have a significant effect on, the market price or value of a security.