Within how many days must a certificate holder notify division staff of a felony conviction?

A certificate holder must notify division staff of a felony conviction within 10 days to ensure prompt communication of any significant changes in their legal status. This requirement is crucial because it allows the governing authority to assess the implications of the conviction on the individual's ability to fulfill their fiduciary responsibilities.

Timely reporting of convictions enables the regulatory body to take necessary actions, such as reviewing the certificate holder's fitness to hold their position or issuing appropriate sanctions if necessary. This policy helps maintain high ethical standards and accountability within the fiduciary profession, ultimately protecting the interests of clients and the integrity of the system.

The other time frames mentioned do not align with the legal requirements set forth for notification, making the 10-day period the specific and correct response.