2019 October No.04 – Broker Compliance


Andrew Balder, an employee of PM Morris Customs Brokerage (MCB), decides to importdual color lapel men’s dress jackets to take advantage of the exploding popularity. One of theclients of MCB regularly imports comparable dress jackets and has outstanding sales. Which ofthe following statements is CORRECT?

A. Andrew Balder may not import items similar to that of clients of MCB because itwould be a conflict of interest.

B. An employee of a broker may not also be an importer.

C. Andrew Balder must notify the port director for permission to import sucharticles.

D. Andrew Balder must apply for a waiver from the Commissioner.

E. Andrew Balder must notify the client of MCB that they are also going to importdual color lapel men’s dress jackets.

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The Answer is: E

Citation: 19 CFR 111.31(c)

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