Members must update their emergency contact information within how many days of a material change?

Members are required to update their emergency contact information within 30 days of a material change. This regulation is in place to ensure that firms maintain up-to-date and accurate records, which are critical for compliance and for safeguarding the interests of clients and personnel within the organization. Ensuring timely updates helps facilitate quick and efficient communication in case of emergencies or significant events that could impact operations. Adhering to this 30-day timeframe is essential for regulatory compliance and effective risk management within the firm.