What happens to allegations if a certificate holder defaults?

The correct answer is that allegations are deemed admitted if a certificate holder defaults. This principle means that when a certificate holder fails to respond to allegations or does not participate in the proceedings, those allegations are automatically accepted as true. This process is in place to ensure that the process can move forward without unnecessary delays caused by a lack of participation from one party.

In the context of fiduciary practices, where accountability and adherence to standards are crucial, allowing allegations to be deemed admitted helps maintain the integrity of the oversight process. It also encourages certificate holders to engage actively in their own defense and respond appropriately to any charges against them.

The other choices do not apply in this scenario. Reviewing allegations in detail would imply there is an active engagement from the certificate holder, which is not the case in a default situation. Dismissing allegations typically would require specific grounds for such action, which would not be applicable here. Re-evaluating allegations also would not be appropriate if the holder has defaulted, as this would again imply a level of engagement that is absent.