REALTOR^® A, a cooperating broker, filed a request for arbitration with REALTOR^® B, the listing broker, in a dispute concerning entitlement to cooperative compensation in a real estate transaction. The complaint was referred to the Grievance Committee, which concluded that a properly arbitrable matter existed and referred it to an arbitration hearing panel.

Shortly afterward REALTOR^® B was notified that he was under investigation by the State Real Estate Commission for an alleged violation of the real estate regulations, based on a complaint filed by REALTOR^® A.

Based on your understanding of the Code of Ethics Article 17, what do you think the hearing panel concluded? Show Answer