118. Market manipulation
A person commits an offence if that person enters into or carries out, whether in Saint Lucia or elsewhere, either directly or indirectly, a transaction in securities that by itself or in conjunction with another transaction—
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(a) increases, or is likely to increase, their market price with the intention of inducing other persons to sell or to purchase, or to refrain from selling or purchasing, securities issued by the same company or a related company;
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(b) reduces, or is likely to reduce, their market price with the intention of inducing other persons to sell or purchase, or to refrain from selling or purchasing, securities issued by the same company or a related company;
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(c) stabilises, or is likely to stabilise, their market price with the intention of inducing other persons to sell or purchase, or refrain from selling or purchasing, securities issued by the same company or by a related company.