(a) It is unlawful for the Commissioner or any of the officers or employees in the Division of Securities to use for personal benefit any information which is filed with or obtained by the Commissioner and which is not made public.
(b) No provision of this title authorizes the Commissioner or any of his officers or employees to disclose any such information except among themselves or when necessary or appropriate in a proceeding or investigation under this title.
(c) No provision of this title either creates or derogates from any privilege which exists at common law or otherwise when documentary or other evidence is sought under a subpoena directed to the Commissioner or any of his officers or employees.
Structure Maryland Statutes
Title 11 - Maryland Securities Act
Subtitle 2 - Division of Securities
Section 11-201 - Administration of Title
Section 11-203 - Rules, Forms, and Orders
Section 11-204 - Hearings to Be Public
Section 11-205 - Filing of Sales and Advertising Literature
Section 11-206 - Administrative Files and Opinions
Section 11-207 - Use or Disclosure of Information
Section 11-208 - Securities Act Registration Fund
Section 11-209 - Action for Violation of 8-801 of Criminal Law Article