Behaviour in relation to qualifying investments which, by the ‘regular user test’, is likely to be regarded as abusive, particularly if: the behaviour is considered to be based on information that is not generally available (misuse of information); the behaviour is considered to give a false or misleading impression of the supply, demand, price and value of investments; or the behaviour is likely to distort the market in investments in question. The sanctions are criminal and civil. (Visit www.fsa.gov.uk).