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As part of a customer identification program ( CIP ) , every applicant for a covered product must be provided with a Notice to Customer.

As part of a customer identification program (CIP), every applicant for a covered product must be provided with a Notice to Customer. What is the purpose of the Notice to Customer?
(Search Chapter 1)
a. to disclose the company's intent to verify the customer's name and personal information
b. to provide notice to the customer of SAR rules
c. to provide immunity to the producer in the event of future discovery of illegal activity associated with the product sale or transaction
d. to disclose whether or not the product under consideration is a "covered product"
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