2024 April No.09 – Broker Compliance


9. A broker has failed to file their triennial status report within the required timeframe. They have received written notice of their license being suspended from CBP. What action must the broker take to get their license reinstated?(2024 April No.9 Broker Compliance)

A) Pay the fee plus a monetary penalty designated by the Executive Assistant Commissioner within six (6) months of the date of notice of suspension .

B) Submit the report electronically through a CBP -authorized electronic data

C) Transmit written notice of appeal to CBP by certified mail, return receipt requested within ninety (90) calendar days of the date of notice of suspension.

D) File the required report and pay the fee within sixty (60) calendar days of the date of the notice of suspension.

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The Answer is: D

Citation: 19 CFR 111.30(d)(4)
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