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Utah Code § 61-1-18.3

Information obtained by division or commission -- Use for personal benefit prohibited -- Disclosure

Known as the Utah Uniform Securities Act

The act spans §§ 61-1-1–61-1-9 (58 sections).

Amended by Chapter 351, 2009 General Session

(1) It is unlawful for an employee of the division or a member of the commission to use for personal benefit any non-public information that is filed with or obtained by the division or commission.

(2) This chapter does not authorize the division, an employee of the division, the commission, or a member of the commission to disclose information described in Subsection (1), except among themselves or when necessary or appropriate in a proceeding or investigation under this chapter.

(3) No provision of this chapter either creates or derogates from a privilege that exists at common law or otherwise when documentary or other evidence is sought under subpoena directed to:

(a) the division;

(b) the commission;

(c) a member of the commission; or

(d) an employee of the division.

Official source: Utah State Legislature. Reproduced from public-domain Utah statutes; confirm against the official source for the current text. Not legal advice.