Actually you can get that definition from a much more authorized source. That source is the congress and I was surprised when I found out that one doesn't need to use a general sec rule or even any sec rule to point out the illegality of that game.It was specifically mentioned in one of the old congress laws like the act of 1933 or 1934 or the like (I don't remember exactly but I can search back for it).
Anyway by fake trading or fake volume I mean the buying and selling of shares without real change in ownership for the purpose of creating a false image showing big volume at a specific price.
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