A broker-dealer receives a court order directing it to turn over the customer account records of Joe Jones, a customer with a substantial account. Which statement is TRUE?
A. The broker-dealer is not obligated to comply with the order if Joe Jones directs it not to do so
Incorrect Answer
B. The broker-dealer is obligated to comply with the order only if it has been issued by the Administrator
C. The broker-dealer is not obligated to comply with the order at its discretion
D. The broker-dealer is obligated to comply with the order and must disclose the information
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