30-10-310. Reporting requirements. (1) A broker-dealer, investment adviser, investment adviser representative, or other person who has reason to believe fraud has occurred shall report the suspected fraud to the commissioner within 60 days of discovery of the occurrence.
     (2) In the absence of malice, a broker-dealer, investment adviser, investment adviser representative, or other person may not be subjected to civil liability for reporting or providing information or otherwise cooperating with an investigation of fraud under this chapter.

     History: En. Sec. 5, Ch. 390, L. 1997.