What’s all this fuss about the KO book that Auto Auctions use?

I’m trying to understand the “KO Book” that is used to exclude dealers from participation from auto acutions.  Who provides information? To whom is it provided? What information is provided?  Is there an electronic database involved? Is personal financial information included?  Please call me at 317-662-4529 or email me at hoferlawindyATgmail.com. Thanks.
doublehlaw

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