What is the reporting timeframe for a Routine Reportable Matter?

• A. Within 24 hours, submit written report
• B. Within 72 hours, submit written report
• C. Within 7 days, submit written report
• D. Immediately by phone

Answer: (B)

Routine reportable matters require timely notification, but not immediate crisis notification. The standard approach is to prepare and submit a written report within 72 hours. This window allows enough time to gather accurate details and document the event properly, while still ensuring regulators receive information promptly to begin any necessary review or follow-up. Immediate by phone is reserved for urgent or high-severity events, where real-time alerting is essential. Waiting longer than a few days would delay regulatory awareness and potentially impede timely action, so a 72-hour written report strikes the right balance for routine cases.