Is it illegal to engage in market manipulation in a securities fraud case?

Yes, it is illegal to engage in market manipulation in a securities fraud case in Washington. Market manipulation is a form of fraudulent behavior that refers to the intentional manipulation of the market to create an artificial price of a security. It is an illegal market practice that violates securities laws, and the Securities and Exchange Commission (SEC) is the primary enforcer of securities law. In Washington, the Washington Securities Act (WSSA) requires a body of law to protect investors from various types of securities fraud. Under this law, market manipulation is prohibited and violators can face criminal and/or civil penalties. Market manipulation may involve activities such as manipulating the quoted price of stocks, creating false market activity, artificially inflating the price of stocks, and using false or misleading information to entice people to buy or sell stocks. When it comes to securities fraud, people can be charged with a felony if they are found guilty of manipulating the market. If convicted, they may face a fine and/or a jail sentence. In addition, the SEC may take civil action against those guilty of market manipulation, which includes the issuance of cease-and-desist orders, disgorgement of profits, and other penalties. In Washington, engaging in market manipulation is a serious offense and those found guilty of it can face serious consequences. As a result, it is important for investors to be aware of the risks associated with securities fraud and market manipulation and take the necessary steps to ensure that their investments are protected.

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