State Codes and Statutes

Statutes > New-york > Gbs > Article-21-a > 339-b

§  339-b.  Manipulation  of  prices  of  securities.  Any  person, who  inflates, depresses, or causes fluctuations in, or attempts to  inflate,  depress  or  cause  fluctuations  in,  or combines or conspires with any  other person or persons to inflate, depress or  cause  fluctuations  in,  the  market  prices of the stocks, bonds or other evidences of debt of a  corporation, company or association, or of an issue or any  part  of  an  issue of the stock, bonds or evidences of debt of a corporation, company  or association, by means of pretended purchases and sales thereof, or by  any  other fictitious transactions or devices, for or on account of such  person or of any other person, or for or on account of  the  persons  so  combining   or  conspiring,  whereby  either  in  whole  or  in  part  a  simultaneous change of ownership or of interest in such stocks, bonds or  evidences of debt, or of such issue or part of an issue thereof, is  not  effected,  is  guilty  of a misdemeanor. A pretended purchase or sale of  any such stocks, bonds or other evidences of debt whereby, in  whole  or  in  part,  no  simultaneous  change  of ownership or interest therein is  effected, shall be prima facie evidence of the violation of this section  by the person  or  persons  taking  part  in  the  transaction  of  such  pretended purchase or sale.

State Codes and Statutes

Statutes > New-york > Gbs > Article-21-a > 339-b

§  339-b.  Manipulation  of  prices  of  securities.  Any  person, who  inflates, depresses, or causes fluctuations in, or attempts to  inflate,  depress  or  cause  fluctuations  in,  or combines or conspires with any  other person or persons to inflate, depress or  cause  fluctuations  in,  the  market  prices of the stocks, bonds or other evidences of debt of a  corporation, company or association, or of an issue or any  part  of  an  issue of the stock, bonds or evidences of debt of a corporation, company  or association, by means of pretended purchases and sales thereof, or by  any  other fictitious transactions or devices, for or on account of such  person or of any other person, or for or on account of  the  persons  so  combining   or  conspiring,  whereby  either  in  whole  or  in  part  a  simultaneous change of ownership or of interest in such stocks, bonds or  evidences of debt, or of such issue or part of an issue thereof, is  not  effected,  is  guilty  of a misdemeanor. A pretended purchase or sale of  any such stocks, bonds or other evidences of debt whereby, in  whole  or  in  part,  no  simultaneous  change  of ownership or interest therein is  effected, shall be prima facie evidence of the violation of this section  by the person  or  persons  taking  part  in  the  transaction  of  such  pretended purchase or sale.

State Codes and Statutes

State Codes and Statutes

Statutes > New-york > Gbs > Article-21-a > 339-b

§  339-b.  Manipulation  of  prices  of  securities.  Any  person, who  inflates, depresses, or causes fluctuations in, or attempts to  inflate,  depress  or  cause  fluctuations  in,  or combines or conspires with any  other person or persons to inflate, depress or  cause  fluctuations  in,  the  market  prices of the stocks, bonds or other evidences of debt of a  corporation, company or association, or of an issue or any  part  of  an  issue of the stock, bonds or evidences of debt of a corporation, company  or association, by means of pretended purchases and sales thereof, or by  any  other fictitious transactions or devices, for or on account of such  person or of any other person, or for or on account of  the  persons  so  combining   or  conspiring,  whereby  either  in  whole  or  in  part  a  simultaneous change of ownership or of interest in such stocks, bonds or  evidences of debt, or of such issue or part of an issue thereof, is  not  effected,  is  guilty  of a misdemeanor. A pretended purchase or sale of  any such stocks, bonds or other evidences of debt whereby, in  whole  or  in  part,  no  simultaneous  change  of ownership or interest therein is  effected, shall be prima facie evidence of the violation of this section  by the person  or  persons  taking  part  in  the  transaction  of  such  pretended purchase or sale.