Maryland Code § CA-11-207

Section CA-11-207
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(a) It is unlawful for the Commissioner or any of the officers or employees
in the Division of Securities to use for personal benefit any information which is filed
with or obtained by the Commissioner and which is not made public.
(b) No provision of this title authorizes the Commissioner or any of his
officers or employees to disclose any such information except among themselves or
when necessary or appropriate in a proceeding or investigation under this title.
(c) No provision of this title 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 Commissioner or any of his officers or
employees.

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