ADVOKS GLOBAL · KENYA
The Capital Markets (Derivatives Markets) Regulations
76. Fraudulently inducing trading in derivatives contracts
Edition: 2025-02-14 · In force
76. Fraudulently inducing trading in derivatives contracts
A person who directly or indirectly, induces or attempts to induce another person to trade in a derivatives contract by—(a)making or publishing any statement, promise or forecast that is false, misleading or deceptive;(b)concealing material facts; or(c)recording or storing in, or by means of, any mechanical, electronic or other device, information that is false or misleading in a material fact particularly to induce or attempt to induce that person to trade in a derivatives contract,commits an offence.