155. Every person or company who or which:
(a) having an obligation to comply with a requirement of sections 132 to 154 or of the regulations adopted thereunder, fails to comply therewith, or authorizes, permits or acquiesces in such failure; or
(b) knowingly mails or authorizes, permits or acquiesces in the mailing of any document or writing contemplated by sections 132 to 154 or by the regulations adopted thereunder if such document or writing contains any information that, at the time and in the light of the circumstances under which it is made, is false or misleading with respect to any material fact or if it omits to state any material fact the omission of which makes the statement contained therein false or misleading,
is guilty of an offence.