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October 2024, question 15

Broker Compliance · Penalties, recordkeeping and prior disclosure

What is the maximum amount that a broker can be penalized for a violation or violations of 19 USC 1641 in one penalty notice?

  1. $25,000.00
  2. $30,000.00
  3. $50,000.00
  4. $100,000.00
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CBP's answer: B. B: $30,000.00

The penalty guidelines cap a broker's penalty at $30,000 for any violation or violations of the statute in any one penalty notice (B).

A broker shall be penalized a maximum of $30,000 for any violation or violations of the statute in any one penalty notice. 19 CFR Part 171, Appendix C

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CBP's key cites: 19 CFR Part 171

Question and key from CBP's October 2024 exam and answer key. The walk-through is ours; quotes are from the pinned editions in the reference viewer (HTSUS 2026 Basic, 19 CFR 2025 edition).