Definition, for Certain Purposes, of the Terms "Inequitable", "Tend to Work a Fraud or Deceit", "Inequitable Practice in the Sale of Securities", and "Fraudulent Business Practices", as Used in Section 8 and Section 11 of the Act

Section 130 Section 130.285  Definition, for Certain Purposes, of the Terms "Inequitable", "Tend to Work a Fraud or Deceit", "Inequitable Practice in the Sale of Securities", and "Fraudulent Business Practices", as Used in Section 8 and Section 11 of the Act a)         The failure of any dealer or salesperson to comply with Sections 130.810 130.821, 130.824, 130.825, 130.827, 130.850, 130.851 and 130.855 of this Part shall constitute an inequitable practice in the sale of securities and a fraudulent business practice. b)         The failure of any investment adviser or investment adviser representative to comply with Sections 130.840, 130.841, 130.844, 130.845, 130.852, 130.853, 130.854 and 130.855 of this Part shall constitute an inequitable practice in the sale of securities and a fraudulent business practice.