{"data":{"id":"us-wi/wis.-stat.-551.505","jurisdiction":"us-wi","citation":"Wis. Stat. § 551.505","heading":"Misleading filings.","body":"It is unlawful for a person to make or cause to be made, in a record that is used in an action or proceeding or filed under this chapter, a statement that, at the time and in the light of the circumstances under which it is made, is false or misleading in a material respect, or, in connection with the statement, to omit to state a material fact necessary to make the statement made, in the light of the circumstances under which it was made, not false or misleading.","path":["Chs. 551-553, Investment Regulation and Business Development","Chapter 551 Wisconsin Uniform Securities Law","SUBCHAPTER V FRAUD AND LIABILITIES"],"source_url":"https://docs.legis.wisconsin.gov/document/statutes/551.505","current_through":"2023-24 Wisconsin Statutes updated through 2025 Wis. Act 247 (published 9-4-26)","vintage":"","retrieved_at":"2026-09-05T12:01:28Z","sha256":"aa473996572f6e9ff0c9c8c6fb802d322d12ddbe0e78f5026e3b7a0de1c89593","source_id":"us-wi","stale":false,"prev":"us-wi/wis.-stat.-551.504","next":"us-wi/wis.-stat.-551.506"},"notice":"GroundRules: Original legal text. Not legal advice."}