R 432.532g
R 432.532g Protected information.
Cite as Mich. Admin. Code R 432.532g
Rule 532g. (1) A fantasy contest operator or licensed management company must adopt
commercially reasonable procedures and internal controls to prevent its owners, directors,
officers, employees, agents, contractors, and third-party providers from disclosing any
protected information to any third parties unless the protected information is made publicly
available.
(2) A fantasy contest player is prohibited from entering or participating in any fantasy
contest using any protected information that is not publicly available and was obtained in
violation of subrule (1) of this rule. This subrule does not apply to a fantasy contest
conducted in accordance with R 432.532b(11). If a fantasy contest operator or licensed
management company conducts fantasy contests under R 432.532b(11), the fantasy contest
operator or licensed management company must adopt commercially reasonable
procedures and internal controls to prevent the disclosure or misuse of any material
nonpublic information obtained through entry or participation in the fantasy contests.