...statements made, in the light of the circumstances under which they were made, not misleading, or (3) to engage in any transaction, practice, or course of business which operates or would operate as a fraud or deceit upon the purchaser. (b) It shall be unlawful for any person,...

...statements made, in the light of the circumstances under which they were made, not misleading, or 3) to engage in any transaction, practice, or course of business which operates or would operate as a fraud or deceit upon the purchaser. 5l/ Section l7(a) on its face is broader...

...INVESTMENT ADVISERS SEC. 206. It shall be unlawful for any investment adviser, by use of the mails or any means or instrumentality of interstate commerce,...transaction, practice, or course of business which operates as a fraud or deceit upon any client or prospective client : (3) acting as principal for his own account,...

...scheme, or artifice to defraud any client or participant or prospective client or participant; or (B) to engage in any transaction, practice, or course of business which operates as a fraud or deceit upon any client or participant or prospective client or participant. • **•*«...

...property report or with respect to any other inforniation pertinent to the lot or subdivision; or "(3) to engage in any transaction, practice, or course of business which operates or would operate as a fraud or deceit upon n purchaser. " (c.) Any contract or agreement for the purchase...

...artifice to defraud any client or participant or prospective client or participant ; or 83 STAT. 14OO "(B) to engage in any transaction, practice, or course of business which operates as a fraud or deceit upon any client or participant or prospective client or participant. Misrepresenta-...

...scheme, or artifice to defraud any client or participant or prospective client or participant; or (B) to engage in any transaction, practice, or course of business which operates as a fraud or deceit upon any client or participant or prospective client or participant. ******* SEC....

...other information pertinent to the lot or the subdivision and upon which the purchaser relies, or (C) to engage in any transaction, practice, or course of business which operates or would operate as a fraud or deceit upon a purchaser. (b) Any contract or agreement for the purchase...

...§80a-41(e) ] Criminal; $10,000/five years [15 USC §80a-48] 14. Use, by an investment adviser, of any device, scheme, or artifice to defraud any client or prospective client, engaging in any transaction or course of conduct which operates as a fraud or deceit on any client...

...Investment Advisers Act of 1940. '4l The Advisers Act makes it unlawful for any investment adviser: (1) to employ any device, scheme, or artifice to defraud...in any transaction, practice, or course of business 136. See. eg . Perelman v. Pennsylvania Real Eitate Inv. Trust, 432 F. Supp. 1298 (ED Pa. 1977); Markewich...