It shall be unlawful for any person in the offer or sale of any securities, directly or indirectly,
(1) To employ any device, scheme or artifice to defraud, or
(2) To obtain money or property by means of any untrue statement of a material fact or any omission 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, or
(3) To engage in any transaction, practice or course of business which operates or would operate as a fraud or deceit upon the purchaser.
1956, c. 428.
Structure Code of Virginia
§ 13.1-502. Unlawful offers and sales
§ 13.1-504.2. Broker-dealer services provided by credit unions; when registration not required
§ 13.1-505. Procedure for registration
§ 13.1-505.1. Post-registration provisions
§ 13.1-506. Revocation of registration
§ 13.1-507. Registration requirement; exemptions
§ 13.1-508. Registration by notification
§ 13.1-509. Registration by coordination
§ 13.1-510. Registration by qualification
§ 13.1-511. Effectiveness and reports
§ 13.1-514.1. Exemption of certain securities by order of Commission
§ 13.1-514.2. Primacy of Virginia law to be maintained
§ 13.1-516. Misleading filings
§ 13.1-517. Consent to service of process
§ 13.1-518. Investigations; confidentiality of information and documents
§ 13.1-518.1. Broker-dealers and investment advisors to file certain reports with Commission
§ 13.1-520.1. Commission may transmit record or complaint to locality where violation occurred
§ 13.1-521. Violations punishable by the Commission
§ 13.1-523.1. Commission authority to regulate securities and investment advisory activities
§ 13.1-524. Certain records of Commission available to public; admissibility of copies; destruction
§ 13.1-525. Official interpretations
§ 13.1-525.1. Fees to cover expense of regulation
§ 13.1-527.1. Division created; duties