• MAM-3.6 MAM-3.6 Price Manipulation

    • MAM-3.6.1

      Without prejudice to the provisions of rule MAM-3.1.2, no person shall effect, take part in, be concerned in or carry out, directly or indirectly, two or more transactions in securities, being transactions that have, or are likely to have, the effect of raising, lowering, maintaining or fixing the price of securities on a securities market, with intent to induce other persons to subscribe for, purchase or sell securities of the company or of a related company.

      November 2010

    • MAM-3.6.2

      A reference to rule MAM-3.6.1 (a) or (b) to transactions in securities includes:

      (a) A reference to the making of an offer to purchase or sell such securities; and
      (b) A reference to the making of an invitation, however expressed, that directly or indirectly invites a person to offer to purchase or sell such securities.
      November 2010