Sec. 36a-53b. Prohibitions re activities subject to jurisdiction of commissioner.
85 words·~1 min read·
/ct/title-36a/chapter-664a-administration-and-enforcement/36a-53b·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
No person shall, in connection with any activity subject to the jurisdiction of the commissioner:
(1)Employ any device, scheme or artifice to defraud;
(2)make any untrue statement of a material fact or omit to state a material fact necessary in order to make the statements made, in the light of the circumstances under which they are made, not misleading; or
(3)engage in any act, practice, or course of business which operates or would operate as a fraud or deceit upon any person.