ARSD 20:75:07:12. Response 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.