What is the proper initial response to allegations of market misconduct by staff?

What is the proper initial response to allegations of market misconduct by staff?

• A. Investigate, suspend activities if warranted, notify management and regulators as required, and take corrective action
• B. Terminate all staff involved without investigation
• C. Ignore the allegations until regulators contact you
• D. Publicly disclose the allegations to clients immediately

Answer: (A)