[§485A-507]  Qualified immunity.  A
broker-dealer, agent, investment adviser, federal covered investment adviser,
or investment adviser representative shall not be liable to another
broker-dealer, agent, investment adviser, federal covered investment adviser,
or investment adviser representative for defamation relating to a statement
that is contained in a record required by or filed with the commissioner or a
designee of the commissioner, the Securities and Exchange Commission, or a
self-regulatory organization, unless the person knew, or should have known at
the time that the statement was made, that it was false in a material respect
or the person acted in reckless disregard of the statement's truth or falsity.
[L 2006, c 229, pt of §1]