(1) A person who is not a stockbroker within the meaning of this Law shall not use or by inference adopt the name or title of stockbroker or exhibit at any place a name, title or description implying or tending to create the belief that he is a stockbroker.

(2) A body corporate that is not a stock exchange shall not use or by inference adopt the name title of stock exchange or exhibit at any place a name, title or description implying or tending to create the belief that the body corporate is a stock exchange.