Each registered athlete agent shall file with the Secretary of State a copy of each agent contract and/or financial services contract entered into with an athlete by the athlete agent no later than the tenth day after the date the contract is signed by the athlete. Failure to timely file a contract is a violation of Occupations Code, Chapter 2051, and may subject the agent to administrative penalties or other disciplinary actions as permitted under Occupations Code, Chapter 2051, and this chapter.