2010 October No.73 – BROKER COMPLIANCE


73 An active client of a broker means a client from whom a broker has _____.

A. Obtained a power of attorney.

B. Conducted at least two customs transactions.

C. Obtained a power of attorney and for whom the broker has transacted customs business on at least two occasions within the 12-month period preceding notification as set forth in 19 CFR § 111.29(b)(2)(ii).

D. Obtained a power of attorney and for whom the broker has transacted customs business on at least two occasions within the 18-month period as set forth in 19 CFR § 111.29(b)(2)(ii).

E. Obtained a power of attorney and for whom the broker has transacted customs business on a least three occasions within the 18-month period as set forth in 19 CFR § 111.29(b)(2)(ii).

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The Answer is: C

Citation: 19 CFR 111.29(b)(2)(ii)

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