{"abstract":"FMCSA amends the regulations pertaining to financial responsibility requirements for brokers of property and freight forwarders in five separate areas: assets \"readily available\"; immediate suspension of broker/freight forwarder operating authority; surety or trust responsibilities in cases of broker/freight forwarder financial failure or insolvency; enforcement authority; and entities eligible to provide trust funds for brokers and freight forwarders, which are filed using Form BMC-85, Broker's or Freight Forwarder's Trust Fund Agreement under 49 U.S.C. 13906 or Notice of Cancellation of the Agreement.","action":"Final rule.","agencies":[{"raw_name":"DEPARTMENT OF TRANSPORTATION","name":"Transportation Department","id":492,"url":"https://www.federalregister.gov/agencies/transportation-department","json_url":"https://www.federalregister.gov/api/v1/agencies/492","parent_id":null,"slug":"transportation-department"},{"raw_name":"Federal Motor Carrier Safety Administration","name":"Federal Motor Carrier Safety Administration","id":181,"url":"https://www.federalregister.gov/agencies/federal-motor-carrier-safety-administration","json_url":"https://www.federalregister.gov/api/v1/agencies/181","parent_id":492,"slug":"federal-motor-carrier-safety-administration"}],"body_html_url":"https://www.federalregister.gov/documents/full_text/html/2023/11/16/2023-25312.html","cfr_references":[{"chapter":null,"citation_url":null,"part":386,"title":49},{"chapter":null,"citation_url":null,"part":387,"title":49}],"citation":"88 FR 78656","comment_url":null,"comments_close_on":null,"correction_of":null,"corrections":[],"dates":"Effective date: This regulation is effective January 16, 2024.","disposition_notes":null,"docket_ids":["Docket No. FMCSA-2016-0102"],"dockets":[{"supporting_documents":[{"title":"Broker and Freight Forwarder Financial Responsibility (Transcript)","document_id":"FMCSA-2016-0102-0434"},{"title":"(2022.01.05) BFF Financial Responsibility 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Responsibility"}],"document_number":"2023-25312","effective_on":"2024-01-16","end_page":78674,"executive_order_notes":null,"executive_order_number":null,"explanation":null,"full_text_xml_url":"https://www.federalregister.gov/documents/full_text/xml/2023/11/16/2023-25312.xml","html_url":"https://www.federalregister.gov/documents/2023/11/16/2023-25312/broker-and-freight-forwarder-financial-responsibility","images":{},"images_metadata":{},"json_url":"https://www.federalregister.gov/api/v1/documents/2023-25312?publication_date=2023-11-16","mods_url":"https://www.govinfo.gov/metadata/granule/FR-2023-11-16/2023-25312/mods.xml","not_received_for_publication":null,"page_length":19,"page_views":{"count":3723,"last_updated":"2026-04-03 18:15:04 -0400"},"pdf_url":"https://www.govinfo.gov/content/pkg/FR-2023-11-16/pdf/2023-25312.pdf","presidential_document_number":null,"proclamation_number":null,"public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2023-25312.pdf?1700056019","publication_date":"2023-11-16","raw_text_url":"https://www.federalregister.gov/documents/full_text/text/2023/11/16/2023-25312.txt","regulation_id_number_info":{"2126-AC10":{"issue":"202310","html_url":"https://www.federalregister.gov/regulations/2126-AC10/broker-and-freight-forwarder-financial-responsibility","title":"Broker and Freight Forwarder Financial Responsibility","xml_url":"http://www.reginfo.gov/public/do/eAgendaViewRule?pubId=202310&RIN=2126-AC10&operation=OPERATION_EXPORT_XML","priority_category":"Other Significant"}},"regulation_id_numbers":["2126-AC10"],"regulations_dot_gov_info":{"supporting_documents":[{"title":"Broker and Freight Forwarder Financial Responsibility (Transcript)","document_id":"FMCSA-2016-0102-0434"},{"title":"(2022.01.05) BFF Financial Responsibility RIA","document_id":"FMCSA-2016-0102-0132"}],"comments_count":0,"agency_id":"FMCSA","comments_url":"https://www.regulations.gov/docketBrowser?rpp=50&so=DESC&sb=postedDate&po=0&dct=PS&D=FMCSA-2016-0102","supporting_documents_count":2,"docket_id":"FMCSA-2016-0102","document_id":"FMCSA-2016-0102-0436","regulation_id_number":null,"title":"Broker and Freight Forwarder Financial Responsibility","checked_regulationsdotgov_at":"2023-11-17T17:00:16Z"},"regulations_dot_gov_url":null,"significant":true,"signing_date":null,"start_page":78656,"subtype":null,"title":"Broker and Freight Forwarder Financial Responsibility","toc_doc":"Broker and Freight Forwarder Financial Responsibility","toc_subject":null,"topics":["Administrative practice and procedure","Brokers","Buses","Freight","Freight forwarders","Hazardous materials transportation","Highway safety","Insurance","Intergovernmental relations","Motor carriers","Motor vehicle safety","Moving of household goods","Penalties","Reporting and recordkeeping requirements","Surety bonds"],"type":"Rule","volume":88}