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Final Rule Implementing Overhaul of OTI Regulations Corrected

Wednesday, January 27, 2016
Sandler, Travis & Rosenberg Trade Report

The FMC has corrected a final rule that effective Dec. 9, 2015, overhauled the regulations on ocean transportation intermediary licensing and financial responsibility requirements. The correcting amendments re-insert a section of the regulations that was inadvertently deleted when the final rule was published and move another section’s content to section 515.17 to ensure the regulations are in proper order. The amendments also fix three minor typographical errors that were created in the course of production of the Code of Federal Regulations in 46 CFR 515.42 and Appendix D to part 515. 

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