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Article 155
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(Conduct Prohibited With Respect to Listed Securities)<br/>The following actions with regard to securities publicly listed on a stock exchange shall be prohibited:<br/>1. To order or report a trade on a centralized securities exchange market and to fail to perform settlement after the transaction is made, where such act is sufficient to affect the market order.<br/>2. (Deleted)<br/>3. To conspire with other parties in a scheme such that the first party buys or sells designated securities at an agreed price, while the second party sells or buys from the first party in same transaction, with the intent to inflate or deflate the trading prices of said securities on the centralized securities exchange market.<br/>4. To continuously buy at high prices or sell at low prices designated securities for his own account or under the names of other parties with the intent to inflate or deflate the trading prices on said securities traded on the centralized securities exchange market, when there is a likelihood that market prices or market order will be affected.<br/>5. To continuously order or report a series of trades under one's own account or under the names of other parties, and to complete the corresponding transactions with the intent of creating an impression on the centralized securities exchange market of brisk trading in a particular security.<br/>6. To spread rumors or false information with the intent to influence the trading prices of designated securities traded on the centralized securities exchange market.<br/>7. To perform directly or indirectly any other manipulative acts to influence the trading prices of securities traded on the centralized securities exchange market.<br/>The provisions of the preceding paragraph shall apply mutatis mutandis to transactions conducted on the over-the-counter markets.<br/>Persons who violate the preceding two paragraphs shall be held liable to compensate the damages suffered by the bona fide purchasers or sellers of the said securities.<br/>The provisions of paragraph 4 of Article 20 of this Act shall apply mutatis mutandis to the preceding paragraph.
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