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The correct answer is that a resignation from a member takes effect 30 days after it has been received by FINRA. This period allows FINRA to process the resignation and ensure that all necessary regulatory requirements are met before the resignation is effective. The 30-day timeframe is established to provide adequate time for any outstanding obligations or regulatory matters to be addressed, fostering a smooth transition for both the resigning member and the organization they are leaving. Resignations that may leave loose ends can potentially disrupt operations or create issues for customers and other stakeholders, which is why a specified waiting period is implemented.

This process ensures that the organization can manage the departure of the member effectively, facilitating any required administrative steps such as transfer of responsibilities or reassessing member compliance status. The specific time frames for resignation effectiveness are crucial for maintaining regulatory integrity and protecting investor interests in the financial services industry.