Singapore legislation
Section 47
Section 47
Employment of fraudulent or deceptive devices, etc.
No person may, directly or indirectly, in connection with any transaction with any other person involving trading in a commodity contract —
(a)
employ any device, scheme or artifice to defraud that other person;
(b)
engage in any act, practice or course of business which operates as a fraud or deception, or is likely to operate as a fraud or deception, of that other person; or
(c)
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 were made, not misleading.