Section 031-310-XI-2 - Reports of disciplinary actionsAny person authorized in this state under applicable law to sell or offer to sell variable annuities shall immediately report to the Bureau:
a. any suspension or revocation of his or her agent's license in any other state or territory of the United States;b. the imposition of any disciplinary sanction, including suspension or expulsion from membership, suspension, or revocation of or denial of registration, imposed upon him by any national securities exchange, or national securities association, or any federal, state, or territorial agency with jurisdiction over securities or variable annuities; andc. any judgment or injunction entered against him or her on the basis of conduct deemed to have involved fraud, deceit, misrepresentation, or violation of any insurance or securities law or regulation.02-031 C.M.R. ch. 310, § XI-2