(a) To employ any device, scheme or artifice to defraud;
(b) To make any false report, enter any false record or make any untrue statement of a material fact or omit to state a material fact necessary in order to make the statements made, in the light of the circumstances under which they were made, not misleading;
(c) To engage in any transaction, act, practice or course of business which operates or would operate as a fraud or deceit upon any person; or
(d) To misappropriate or convert the funds, security or property of any other person.
(2) The act, omission or failure of any person acting for any individual, association, partnership, corporation or trust within the scope of the person’s employment or office shall be deemed the act, omission or failure of the individual, association, partnership, corporation or trust, as well as of the person.
(3) This section shall not apply to transactions subject to the exclusive jurisdiction of the Commodity Futures Trading Commission. [1987 c.148 §8]
Structure 2021 Oregon Revised Statutes
Volume : 16 - Trade Practices, Labor and Employment
Chapter 645 - Commodity Transactions
Section 645.005 - Definitions.
Section 645.010 - Commodity contract or option transactions prohibited; exception.
Section 645.015 - Persons exempt from prohibition; effect of federal law.
Section 645.020 - Transactions exempt from prohibition.
Section 645.025 - Applicability of ORS 645.010, 645.035 and 645.040.
Section 645.030 - When transactions are considered to occur in this state.
Section 645.035 - Commodity merchant required to comply with federal law.
Section 645.200 - General authority to administer chapter.
Section 645.210 - Investigatory power; compliance with subpoenas.
Section 645.215 - Notice of orders; hearing.