2009 April No.17 – BROKER COMPLIANCE


17 Which of the following statements is INCORRECT?

A. During the period of retention, the broker must make available upon reasonable notice for inspection, copying, or other CBP official use for a period not to exceed 5 working days

B. A broker must not endorse or accept, without authority of his client, any U.S. government draft, check, or warrant drawn to the order of the client

C. A broker who is an importer himself must not act as broker for an importer who imports merchandise of the same general character as that imported by the broker unless the client has full knowledge of the facts

D. If consolidated storage is desired by the broker, he must submit a written notice addressed to the Office of International Trade, Regulatory Audit, 2001 Cross Beam Dr., Charlotte, North Carolina 28217

E. Each broker must designate a knowledgeable company employee to be the contact for CBP for customs business and financial recordkeeping requirements

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The Answer is: A

Citation: 19 CFR 111.25

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