Facilitation for purposes of SDCL 58-3-7 for any examination, including financial, market conduct, and agency examinations, includes prompt and accurate production of accounts, records, documents, files and other relevant information as well as cooperation during the examination process. Failure by the persons being examined to supply accounts, records, documents, files or other relevant information in a timely manner constitutes a violation of SDCL 58-3-7.

Source: 38 SDR 116, effective January 10, 2012.

General Authority: SDCL 58-33A-7.

Law Implemented: SDCL 58-33A-5 , 58-33-6.