Action or omission of a person, who:
a) Signs a fictitious contract for the sale or replacement of securities;
b) Places an order for the purchase or sale of securities, for which an order at the same price has already been placed, or uses these securities as a counter-order;
c) Spreads information or other false facts on an increase or decrease of the price of securities, or creation of their fictitious trading, with the intent to obtain a benefit for himself or herself, or a third party, or to the detriment of the latter, shall be punished by imprisonment of six months to three years.
Where that offence has been committed in complicity, more than once, or has resulted in serious consequences, it shall be punished by imprisonment of two to five years.
EN