Wisconsin License Law
Wisconsin DSPS may audit a broker's trust account:
AOnly after a formal complaint is filed
BAt any time without prior notice as part of its regulatory oversight✓ Correct
COnly during the license renewal period
DOnly with the approval of the Wisconsin circuit court
Explanation
DSPS has the authority to audit broker trust accounts at any time as part of its regulatory oversight to ensure client funds are properly handled and not commingled.
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