152. A person who makes a misrepresentation in
(1) the risk information document or the qualification information submitted to the Authority and given to the client in accordance with section 70, or
(2) the information required to be filed with the Authority every year under section 85 in connection with the person’s qualification,
is guilty of an offence.
For the purposes of this section and section 153, a misrepresentation is any misleading information on a fact that is likely to influence a client’s or reasonable investor’s decision, or any pure and simple omission of such a fact.