MLchartDataset catalogue

Deceptive device

Term · Law · MLC-T-LAW-001497

Any contrivance, scheme, or artifice used to mislead or defraud, particularly in financial or securities transactions. Under Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5, the use of a deceptive device in connection with the purchase or sale of any security is prohibited. This includes false statements, omissions of material facts, or other fraudulent conduct.

Table 1. Record
IdentifierMLC-T-LAW-001497
FieldLaw
Record as JSON
{
  "id": "MLC-T-LAW-001497",
  "term": "Deceptive device",
  "field": "Law",
  "definition": "Any contrivance, scheme, or artifice used to mislead or defraud, particularly in financial or securities transactions. Under Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5, the use of a deceptive device in connection with the purchase or sale of any security is prohibited. This includes false statements, omissions of material facts, or other fraudulent conduct.",
  "url": "https://mlchart.com/terminology/law/deceptive-device/"
}

Record 1,361 of 5,441 in Law terminology (MLC-0107). Request the full dataset.