All of the below are true with the EXCEPTION of:
A. A person transacting business in connection with entry or clearance of vessels or other regulations under the navigation law is not required to be licensed as a broker.
B. A cause for denial of a license would be any willful misstatement of pertinent facts in the application for the license.
C. A national permit application must include the applicant’s broker license and date of issuance.
D. Each broker must comply with the provisions of part 136 of this chapter when maintaining records that reflect on his transactions as a broker.
E. A broker must not procure or attempt to procure, directly or indirectly, information from Government records or other Government sources of any kind to which access is not granted by proper authority.
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The Answer is: D
Citation: 19 CFR § 111.21(b), 19 CFR § 111.2(iii), 19 CFR § 111.16(b)(4),
19 CFR § 111.19(f)(1), 19 CFR 111.33
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