Attorney Leonard M. Singer, Boston, MA  (617) 737-7670  (www.LeonardMSinger.com)

Excerpt from:

§ 13906. Security of motor carriers, brokers, and freight forwarders

(b) Broker Requirements.— The Secretary may register a person as a broker under section 13904 only if the person files with the Secretary a bond, insurance policy, or other type of security approved by the Secretary to ensure that the transportation for which a broker arranges is provided. The registration remains in effect only as long as the broker continues to satisfy the security requirements of this subsection.

Do not act or rely upon this statute without ensuring that it is up to date and without seeking professional legal advice.