Final answer:
Upon termination, Form U5 should normally be filed within 30 days after a representative's termination. This prompt filing is crucial for compliance within the securities industry regulations.
Step-by-step explanation:
Upon termination a Form U5 must normally be filed within a specific period. According to regulatory requirements, this form should be filed within 30 days following the termination of a registered representative. The Form U5 (Uniform Termination Notice for Securities Industry Registration) is used by brokerage firms to provide notice of a representative's termination. It is important that the form is filed promptly, as failing to do so can have regulatory consequences for the firm.