§ 339-B — Manipulation of prices of securities

§ 339-b. Manipulation of prices of securities. Any person, who\ninflates, depresses, or causes fluctuations in, or attempts to inflate,\ndepress or cause fluctuations in, or combines or conspires with any\nother person or persons to inflate, depress or cause fluctuations in,\nthe market prices of the stocks, bonds or other evidences of debt of a\ncorporation, company or association, or of an issue or any part of an\nissue of the stock, bonds or evidences of debt of a corporation, company\nor association, by means of pretended purchases and sales thereof, or by\nany other fictitious transactions or devices, for or on account of such\nperson or of any other person, or for or on account of the persons so\ncombining or conspiring, whereby either in whole or in part a\nsimultaneous change of ownership or of interest in such stocks, bonds or\nevidences of debt, or of such issue or part of an issue thereof, is not\neffected, is guilty of a misdemeanor. A pretended purchase or sale of\nany such stocks, bonds or other evidences of debt whereby, in whole or\nin part, no simultaneous change of ownership or interest therein is\neffected, shall be prima facie evidence of the violation of this section\nby the person or persons taking part in the transaction of such\npretended purchase or sale.\n