Current textIn force on Jan. 10, 2025Source: eCFR
§ 371.13 Accounting.
Current wording, first on file in the 1998 annual edition.
49 CFR § 371.13 — Accounting.. Text in force on January 10, 2025. This wording effective October 1, 1998 to present. Source: eCFR as of January 10, 2025, https://www.ecfr.gov/on/2025-01-10/title-49/section-371.13. Retrieved from FMCSR.com, https://fmcsr.com/reg/371.13?asof=2025-01-10, on October 26, 2026. Unofficial compilation; verify against the official source.
Each broker who engages in any other business shall maintain accounts so that the revenues and expenses relating to the brokerage portion of its business are segregated from its other activities. Expenses that are common shall be allocated on an equitable basis; however, the broker must be prepared to explain the basis for the allocation.
[45 FR 68943, Oct. 17, 1980]
Amendment history
1 distinct wording on file since Oct. 1, 1998- [45 FR 68943, Oct. 17, 1980]
A new entry appears whenever the regulatory words change between government snapshots. Day-precise from the eCFR (2017 onward); before that, one snapshot per annual CFR edition (revised as of October 1). Bracketed citations are the Federal Register history printed with the section.