A broker-dealer, agent, investment adviser, federal covered investment adviser, or investment adviser representative is not liable to another broker-dealer, agent, investment 45 UNIFORM SECURITIES ACT (BLUE SKY LAW), §502.509 adviser, federal covered investment adviser, or investment adviser representative for defamation relating to a statement that is contained ina record required by the administrator, or designeeof the administrator, 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 itwas false in a material respect or the person acted in reckless disregard of the statement’s truth or falsity.
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