A customer has written a letter of complaint to the dealer. On receipt of the complaint, a municipal securities dealer must first:

A customer has written a letter of complaint to the dealer. On receipt of the complaint, a municipal securities dealer must first:




A) submit to arbitration.

B) notify the examining regulatory authority.

C) accept the complaint and record the action taken.

D) refund any money to the customer making the complaint .



Answer: C) accept the complaint and record the action taken.


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