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Jacob is a stockbroker who, over the course of a year, sold 1.5 million shares in a company, ChemTex to people and other companies that

Jacob is a stockbroker who, over the course of a year, sold 1.5 million shares in a company, ChemTex to people and other companies that he was affiliated with. He did this so that the ChemTex looked like a success and encouraged others to trade. Has Jacob done anything unlawful?

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