553.71 Administration. - Wisconsin Statutes

553.71

SUBCHAPTER V
ADMINISTRATION
553.71 Administration.

553.71(1)

(1) This chapter shall be administered by the division and by the department of justice when exercising its authority under s. 553.54.

553.71(2)

(2) It is unlawful for the division or any of the division's officers or employees to use for personal benefit any information which is filed with or obtained by the division and which is not generally available to the public. Nothing in this chapter authorizes the division or any of the division's officers or employees to disclose any confidential information except among themselves or to other securities administrators or regulatory authorities or when necessary or appropriate in a proceeding or investigation under this chapter. No provision of this chapter 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 division or any of the division's officers or employees.

553.71 - ANNOT.

History: 1971 c. 241; 1981 c. 54 s. 32; 1995 a. 27.