| (1) | A financial product distributor or advisor shall be liable for damage that it intentionally or negligently inflicts on a financial consumer. |
| (2) | A financial product distributor or advisor shall be liable for damage that it inflicts on a financial consumer by its violation of Article 19: Provided, That the same shall not apply where the financial product distributor or advisor proves that such damage occurred without intentional or negligent conduct on its part. |
[Enforcement Date: Sep. 25, 2021] Provisions relevant to financial product advisors in Article 44