Securities and Futures Act 2001 s 209

s 209 False or misleading statements

209. A person must not make a statement, disseminate any information or express any opinion that is false or misleading in a material particular to a person who carries out the activity of administering a financial benchmark if —(a) the person intends that the statement, information or opinion be used for the purpose of administering a financial benchmark; and (b) the person knows or ought reasonably to have known that the statement, information or opinion is false or misleading in a material particular, or is reckless as to whether the statement, information or opinion is false or misleading in a material particular.[4/2017]

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