Singapore legislation
Clause 101
Clause 101
Dissemination of information about illegal transactions
A person shall not circulate or disseminate, or authorise or be concerned in the circulation or dissemination of, any statement or information to the effect that the price of any securities of a body corporate will or is likely to rise or fall or be maintained by reason of any transaction entered into or other act or thing done in relation to securities of that body corporate, or of a body corporate that is related to that body corporate, in contravention of any of the provisions in this Part if —
the person, or a person associated with the person, has entered into any such transaction or done any such act or thing; or
the person has received, or expects to receive directly or indirectly, any consideration or benefit for circulating or disseminating, or authorising or being concerned in the circulation or dissemination, the statement or information.