2016 North Carolina General Statutes
Chapter 78D - Commodities Act.
Article 1 - Scope.
§ 78D-6 - Fraudulent conduct.
78D-6. Fraudulent conduct.
No person, shall directly or indirectly:
(1) Cheat or defraud, or attempt to cheat or defraud, any other person or employ any device, scheme or artifice to defraud any other person;
(2) 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;
(3) Engage in any transaction, act, practice or course of business, including, without limitation, any form of advertising or solicitation, which operates or would operate as a fraud or deceit upon any person; or
(4) Misappropriate or convert the funds, security or property of any other person;