When must a broker withdraw funds belonging to him or her from a trust account?

A broker must withdraw funds belonging to him or her from a trust account immediately to ensure compliance with legal and ethical obligations in managing client funds. Trust accounts are specifically designed to hold funds belonging to clients or third parties, and any personal funds must be separated promptly to avoid co-mingling. Co-mingling can lead to serious legal issues and potential disciplinary actions against the broker.

By ensuring that personal funds are removed immediately, the broker maintains accurate record-keeping and transparency in financial management. This practice helps protect both the broker and the clients by avoiding any confusion regarding the ownership of the funds within the trust account.

The other options suggest delaying the withdrawal of personal funds, which could pose risks of non-compliance with regulations governing trust accounts, thereby putting both the broker and their clients at risk.