§32-1-101. Sales and Purchases

It is unlawful for any person, in connection with the offer, sale or purchase of any security, directly or indirectly (1) To employ any device, scheme or artifice to defraud;

§32-1-102. Advisory Activities

(a) It is unlawful for any person who receives any consideration from another person primarily for advising the other person as to the value of securities or their purchase or sale, whether through the issuance of analyses or reports or otherwise, (1) To employ any device, scheme or artifice to defraud the other person; or