; (J) the term insurance producer means an individual who is required under State law to be licensed in order to sell, solicit, or negotiate insurance coverage; (K) the term investment adviser has the meaning given the term in section 202(a) of the Investment Advisers Act of 1940 ( 15 U.S.C. 80b–2(a) ); (L) the term investment adviser representative means an individual who— (i) is employed by, or associated with, an investment adviser; and (ii) does not perform solely clerical or ministerial acts; (M) the term registered representative means an individual who represents a broker-dealer in effecting or attempting to effect a purchase or sale of securities; (N) the term senior citizen means an individual who is not younger than 65 years of age; (O) the term State means each of the several States, the District of Columbia, and any territory or possession of the United States; (P) the term State insurance regulator has the meaning given the term in section 315 of the Gramm-Leach-Bliley Act ( 15 U.S.C. 6735 ); (Q) the term State securities or law enforcement authority has the meaning given the term in section 24(f)(4) of the Securities Exchange Act of 1934 ( 15 U.S.C. 78x(f)(4) ); and (R) the term transfer agent has the meaning given the term in section 3(a) of the Securities Exchange Act of 1934 ( 15 U.S.C. 78c(a) ). (2) Immunity from suit (A) Immunity for individuals An individual who has received the training described in subsection (b) shall not be liable, including in any civil or administrative proceeding, for disclosing the suspected exploitation of a senior citizen to a covered agency if the individual, at the time of the disclosure— (i) served as a supervisor or compliance officer (including as a Bank Secrecy Act officer) for, or, in the case of a registered representative, investment adviser representative, or insurance producer, was affiliated or associated with, a covered financial institution; and (ii) made the disclosure— (I) in good faith