A firm, including a succeeding firm which receives two (2) consecutive pass with

A firm, including a succeeding firm which receives two (2) consecutive pass with deficiencies reports and/or one (1) fail report, may be required by the Board or its designee to have an accelerated peer review within eighteen (18) months from the year end of the firm’s last peer review. Such firm may also be subject to investigation and discipline by the Board or representatives of the Board.