Labuan Financial Services and Securities Act 2010 s 146
s 146 Creation of false or misleading market
Whoever creates or does anything which is calculated to create a false or misleading appearance of active trading in any securities or a false or misleading appearance with respect to the market for, or the price of, any such securities commits an offence and shall, on conviction, be liable to a fine not exceeding three million ringgit.
Malay text (authoritative)
Pewujudan pasaran palsu atau yang mengelirukan
Sesiapa yang mewujudkan atau melakukan apa-apa jua dengan niat untuk mewujudkan keadaan perdagangan aktif dalam apa-apa sekuriti yang palsu atau mengelirukan atau keadaan yang palsu atau mengelirukan berkenaan dengan pasaran bagi, atau harga, apa-apa sekuriti sedemikian melakukan suatu kesalahan dan boleh, apabila disabitkan, didenda tidak melebihi tiga juta ringgit.
Read this section in the full act → · Open Division 3 →
Find Act 704 on lom.agc.gov.my ↗
Source: Laws of Malaysia, Attorney General's Chambers of Malaysia (lom.agc.gov.my). Not a copy of the Gazette printed by the Government Printer (Interpretation Acts 1948 and 1967, s 61).