Series 24: Use Of Manipulative, Deceptive, Or Other Fraudulent Devices

Use of Manipulative, Deceptive, or Other Fraudulent Devices

FINRA prohibits member firms from transacting in securities by means of manipulative, deceptive, or other fraudulent devices. The prohibition includes purposefully making any untrue statement of a material fact or omitting a material fact when discussing a particular investment. This broad rule has been used over the years to address a wide range of mi