The term “Manipulative, Deceptive, or Other Fraudulent Device or Contrivance,” as used in these rules, is hereby defined to include any representation made to a customer by a broker-dealer that such security is being offered to such customer “At the Market” or at a price related to the market price, unless such broker-dealer knows or has reasonable grounds to believe that a market for such security exists other than that made, created, or controlled by him, or by any person for whom he is acting or with whom he is associated in such distribution, or by any person controlled by, controlling or under common control with him.

Statutory/Other Authority

ORS 59

Statutes/Other Implemented

ORS 59.205(2)

History

CC 12-1973, f. 7-12-73, ef. 9-1-73, Renumbered from 815-030-0205, 815-030-0140