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Can you summarize 11 CORS Article 51, Part 5?
SECURITIES > FRAUD AND OTHER PROHIBITED CONDUCT
Short Summary
This legal document governs fraud and other prohibited conduct in connection with the offer, sale, or purchase of securities. It prohibits any person involved in these activities from employing fraudulent devices, making untrue statements of material facts, or engaging in acts that operate as fraud or deceit. The document also includes specific provisions related to custodians of funds or securities of a local government investment pool trust fund, investment advisers of such trust funds, broker-dealers or financial institutions acting in an advisory capacity to such trust funds, and persons who receive consideration for advising others on securities. The document does not provide specific penalties for non-compliance or violation of its provisions.
Whom does it apply to?
Any person involved in activities related to the offer, sale, or purchase of securities
What does it govern?
Fraud and other prohibited conduct in connection with the offer, sale, or purchase of securities
What are exemptions?
No specific exemptions are mentioned in this document
What are the Penalties?
The document does not provide specific penalties for non-compliance or violation of its provisions
Jurisdiction
Colorado