MORNBFI Vol. 1 - Planters Development Bank

APP. Q-2508.12.31(95) Manipulation of security pricesby effecting, alone or with others, a seriesof transactions in securities that createsactive trading to induce such a purchaseor sale though manipulative devices suchas marking the close, painting the tape,squeezing the float, hype and dump, boilerroom operations and such other similardevices;(96) Manipulation of security pricesby circulating or disseminating informationthat the price of any security listed in anExchange will or is likely to rise or fallbecause of manipulative market operationsof any one or more persons conducted forthe purpose of raising or depressing the priceof the security for the purpose of inducingthe purchase or sale of such security;(97) Manipulation of security pricesby making false or misleading statementswith respect to any material fact, whichhe knew or had reasonable ground tobelieve was so false and misleading, forthe purpose of inducing the purchase orsale of any security listed or traded in anExchange;(98) Manipulation of security pricesby effecting, alone or with others, anyseries of transactions for the purchase and/or sale of any security traded in anExchange for the purpose of pegging,fixing or stabilizing the price of suchsecurity, unless otherwise allowed by theSecurities Regulation Code or by the rulesof the SEC;(99) Sale or purchase of any securityusing any manipulative deceptive deviceor contrivance;(100) Execution of short sales or stoplossorder in connection with the purchaseor sale of any security not in accordancewith such rules and regulations as the SECmay prescribe as necessary andappropriate in the public interest or theprotection of the investors;(101) Employment of any device,scheme or artifice to defraud inconnection with the purchase and sale ofany securities;(102) Obtaining money or property inconnection with the purchase and sale ofany security by means of any untruestatement of a material fact or any omissionto state a material fact necessary in orderto make the statements made, in the lightof the circumstances under which theywere made, not misleading;(103) Engaging in any act, transaction,practice or course of action in the sale andpurchase of any security which operatesor would operate as a fraud or deceit uponany person;(104) Insider trading;(105) Engaging in the business of buyingand selling securities in the Philippines as abroker or dealer, or acting as a salesman, oran associated person of any broker or dealerwithout any registration from theCommission;(106) Employment by a broker ordealer of any salesman or associatedperson or by an issuer of any salesman,not registered with the SEC;(107) Effecting any transaction in anysecurity, or reporting such transaction, inan Exchange or using the facility of anExchange which is not registered with theSEC;(108) Making use of the facility of aclearing agency which is not registeredwith the SEC;(109) Violations of marginrequirements;(110) Violations on the restrictions onborrowings by members, brokers anddealers;(111) Aiding and Abetting in anyviolations of the Securities RegulationCode;(112) Hindering, obstructing ordelaying the filing of any documentrequired under the Securities RegulationCode or the rules and regulations of theSEC;Manual of Regulations for Non-Bank Financial InstitutionsQ RegulationsAppendix Q-25 - Page 9