20:75:07:12Response to findings for

further consideration. The firm under review shall issue a response to findings for further consideration. The response shall contain the following: (1) A statement addressing each finding in the reviewer's findings for further consideration; (2) A statement of agreement or disagreement with the findings of the reviewer. The firm must provide reasons if it disagrees with the findings; (3) A statement of agreement or disagreement with the corrective action recommended by the reviewer; and (4) A schedule for correcting the findings.

Source: 29 SDR 16, effective August 14, 2002; 35 SDR 165, effective December 22, 2008; 36 SDR 216, effective July 6, 2010; 39 SDR 33, effective September 5, 2012.