Manipulation, Financial

The financial manipulation of stock market quotations consists in the altering of the ordinary course of supply and demand. This is done through devices that stimulate or depress stock prices, thus seriously distorting the market by not letting share prices be fixed naturally in free market exchange. In manipulation, something, or someone, intervenes in the mechanism of price setting, thereby taking unfair advantage at the expense of the rest of the investors.

Manipulation is an extremely serious action because it causes prejudice to the integrity of the financial markets and, in a particular manner, that of the stock market itself. The damage is done both by hindering clean play and by simultaneously blocking the meeting of institutional goals. In the case of the [Page 1323]financial markets, ...