All data and information related to the Licensed Persons and persons who deal in the markets shall enjoy the protection extended to personal and confidential information and may not be disclosed except in the following conditions. 1. Exchanging information and documents related to violations concerning Securities between the Authority and corresponding entities and authorities in other countries, as the Authority may deem appropriate in each case individually, in light of the public interest subject to applying the principle of reciprocity by virtue of memoranda of understanding or any other mechanism. 2. By virtue of court order. 3. In other cases permitted by the Law.