A managing broker must notify the IDFPR in all cases EXCEPT which circumstance?

A managing broker is required to keep the IDFPR informed about significant changes and events affecting the brokerage’s operations, such as the opening and closing of branch offices or relocating the company office. These notifications ensure that the licensing authority has up-to-date information about the brokerage's status and operational capabilities.

The expiration of a new leasing agent's 45-day permit, however, is a situation that does not require a direct notification to the IDFPR. The leasing agent is expected to manage their own permits and ensure that they meet any renewal requirements. The responsibility for alerting the IDFPR about permit expirations generally lies with the individual agent rather than the managing broker. Therefore, option C is correct in indicating a circumstance in which notification is not necessary.