Article 4 Information to be disclosed by an issuer as required by law must be authentic, accurate and complete, and may not include any false record, misleading statement or gross omission.

第四条发行人依法披露的信息，必须真实、准确、完整，不得有虚假记载、误导性陈述或者重大遗漏。

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Article 3 the entrusted institution shall ensure that the information disclosured is authentic, accurate and complete, and may not have any false record, misleading statement or significant omission.

第三条受托机构应保证信息披露真实、准确和完整，不得有虚假记载、误导性陈述和重大遗漏。

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Where any false record, misleading statement or major omission is found, no sales activity may be carried out.

发现有虚假记载、误导性陈述或者重大遗漏的，不得进行销售活动；

youdao

As I said, the author of the misleading statement is smart, well-educated, and surely knows better.

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But that says nothing about what constitutes a false or misleading statement.

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Is it summed up in this perhaps Misleading statement by author ?

FORBES: Updates can now be found at the bottom of this post.