inside information refers, shall be punished with imprisonment of up to four years. (6) The punishment under Paragraph 5 shall also be imposed on a person who knows that he has been induced on the basis of inside information and submits, amends or cancels an order for a financial instrument for which the information refers, and this has resulted in significant harmful effects. (7) Where the act under Paragraphs 1 – 6 has been committed: 1. by two or more persons who have conspired in advance; 2. by a person acting on the orders or in execution of a decision of an organised criminal group; 3. repeatedly, the punishment shall be imprisonment from two to five years and a fine from BGN 1,000 to BGN 3,000. (8) In the cases referred to in Paragraphs 1 through 7 the object of the crime shall be confiscated in favour of the state and where it is missing or has been alienated, its equivalent shall be awarded. Article 260b (New, SG No. 101/2017) (1) Whoever unlawfully discloses to another person inside information about a financial instrument in his/her possession, except where the disclosure is made in the normal course of business, profession or official duties, or if it comprises a market study, and significant harmful effects have resulted therefrom, shall be punished for unlawful disclosure of inside information to imprisonment of up to two years. (2) The punishment under Paragraph 1 shall also be imposed on a person who discloses solicitation, knowing that the solicitation is based on inside information and significant harmful effects have resulted therefrom. Article 260c (New, SG No. 101/2017) (1) A person who concludes transactions or submit orders for trading, giving false or misleading signals about the supply, demand or price of a financial instrument or a related spot contract for goods or sets the price at unusual or fictitious level, and significant harmful effects have resulted therefrom, shall be punished for market manipulation to imprisonment of up to four years and a fine of BGN 1,000 to BGN 3,000. (2) A person who through the use of fictitious means or through deception concludes transactions or submit orders for trading, or performs any other kind of activity or action that has an impact on the price of one or more financial instruments or a related spot contract for goods, and significant harmful effects have resulted therefrom, shall be punished to imprisonment from two to four years. (3) A person who aims to ensure an advantage or to procure a benefit for himself or for another person disseminates information through the media or by any other means, which gives false or misleading signals about the supply, demand or price of a financial instrument or the related spot contract for goods, or sets the price at unusual or fictitious level, and significant harmful effects have resulted therefrom, shall be punished to imprisonment of up to four years and a fine of BGN 1,000 to BGN 3,000. (4) A person who provides false or misleading information or input data or in any other manner manipulates the calculation of a benchmark and significant harmful effects have resulted therefrom, shall be punished to imprisonment from one to four years. (5) In the cases referred to in Paragraphs 1 through 4 the object of the crime shall be confiscated in favour of the state and where it is missing or has been alienated, its equivalent shall be awarded.