51.—(1) Every director, officer or employee of a Commodity Futures Exchange or a clearing house shall preserve, and aid in preserving, secrecy with regard to all matters coming to his knowledge in the exercise or performance of his duties.
(2) Subsection (1) shall not apply —
(a)
to the disclosure of any information which is authorised by the Board to be disclosed or furnished;
(b)
to the disclosure of information for the purpose of any legal proceeding brought under this Act, or any other written law, for the purpose of any report of any such proceedings, except that in relation to a customer’s or commodity futures broker’s position such proceedings may, if the court, of its own motion or on the application of a party to the proceedings, so orders, be held in camera and the information shall be secret as between the court and the parties thereto; or
(c)
to the disclosure of information for such other purposes, or in such other circumstances, as the Board may by regulations prescribe.
(3) Any person who contravenes subsection (1), directly or indirectly, shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $20,000 or to imprisonment for a term not exceeding 2 years or to both.