MAM-3.5.1
Without prejudice to the provisions of rule MAM-3.1.2 (e) and (f), no person shall make a statement, or disseminate information, that is false or misleading in a material particular and is likely:
(a) To induce other persons to subscribe for securities;
(b) To induce the sale or purchase of securities by other persons; or
(c) To have the effect of raising, lowering, maintaining or fixing the market price of securities;
if, when he makes the statement or disseminates the information:
(a) He does not care whether the statement or information is true or false; or
(b) He knows or ought reasonably to have known that the statement or information is false or misleading in a material particular.
November 2010