A broker does not have any settlement options for disciplinary proceedings which have been instituted against it.
A. True, the broker ‘s next option is to file the case in court.
B. True, the broker’s next option is to file a case with the U.S. Federal Mediation and Conciliation Service
C. False, the broker’s next option is to file an offer in compromise.
D. False, the broker has an option to decline the disciplinary proceedings
E. False, the broker has an option to suspend the disciplinary proceedings for future reassessment.
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The Answer is: C
Citation: 19 CFR 111.81
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