132. Use of manipulative and deceptive devices

A person shall not directly or indirectly in connection with the subscription, purchase or sale of any securities traded on an exchange licensed by the Commission or a platform operated by a recognised market operator, –

use any device, scheme or artifice to defraud;

engage in any act, practice or course of business which operates or would operate as a fraud or deceit upon any person; or

make any false statement of a material fact or omit to disclose in a statement a material fact which results in making such statement false or misleading.