New Mexico Statutes Chapter 58. Financial Institutions and Regulations § 58-13C-501. Securities fraud

A. to employ a device, scheme or artifice to defraud;

B. to make an untrue statement of a material fact or to omit to state a material fact necessary in order to make the statement made, in the light of the circumstances pursuant to which it is made, not misleading; or

C. to engage in an act, practice or course of business that operates or would operate as a fraud or deceit upon another person.