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RA 8799 (The Securities Regulation Code) Section 26

Fraudulent Transactions.

Section 26

SEC. 26. Fraudulent Transactions. — It shall be unlawful for any person, directly or indirectly, in connection with the purchase or sale of any securities to: 26.1 Employ any device, scheme, or artifice to defraud; 26.2 Obtain money or property by means of any untrue statement of a material fact of any omission to state a material fact necessary in order to make the statements made, in the light of the circumstances under which they were made, not misleading; or 26.3 Engage in any act, transaction, practice or course of business which operates or would operate as a fraud or deceit upon any person.

Read the full instrument → · Open the chapter this section belongs to: CHAPTER VII PROHIBITIONS ON FRAUD, MANIPULATION ANDINSIDER TRADING →

Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗

Source: Supreme Court E-Library, Republic of the Philippines. Philippine laws are public documents (works of the government).

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