General fraud

  1. Law
  2. Mississippi Code
  3. Regulation of Trade, Commerce and Investments
  4. Mississippi Securities Act of 2010
  5. Fraud and liabilities
  6. General fraud

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It is unlawful for a person, in connection with the offer, sale, or purchase of a security, directly or indirectly:

  1. To employ a device, scheme, or artifice to defraud;
  2. To make an untrue statement of a material fact or to omit to state a material fact necessary in order to make the statements made, in the light of the circumstances under which they were made, not misleading; or
  3. To engage in an act, practice, or course of business that operates or would operate as a fraud or deceit upon another person.


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