SECTION 1. Section 9 of Chapter 142A of the General Laws, as appearing in the 2020 Official Edition, is hereby amended by inserting, after subsection (d), the following:-

(e) Prior to approving any application for registration or renewal conforming to the requirements of this chapter, the director shall refer identifying information regarding an applicant to the department of criminal justice information services, which shall obtain criminal offender record information but shall transmit only the following information to the director:

(1) Any conviction of the applicant of gross fraud or cheat as defined by section 76 of chapter 266.

SECTION 2. Section 17 of said Chapter 142A, as so appearing, is hereby amended in paragraph (17) by striking out “17” and inserting thereof:- “18”.

SECTION 3. Said Section 17 of said Chapter 142A, as so appearing, is hereby amended by inserting, after paragraph (16), the following paragraph:-

(17) engaging in gross fraud or cheat as defined by section 76 of chapter 266;.

SECTION 4. Section 7 of said Chapter 142A, as so appearing, is hereby amended in the third paragraph by striking out the words “ten thousand dollars” and inserting in place thereof the following:- “thirty thousand dollars”.