---
kind: "section"
citation: "15 C.F.R. § 960.14"
title: "15"
number: "960.14"
heading: "Routine compliance and monitoring."
url: "https://uscodex.org/cfr/15/960.14"
---

# §960.14. Routine compliance and monitoring.

- (a) Annually, by the date specified in the license, the licensee will certify in writing to the Secretary that each material fact in the license remains accurate.
- (b) If any material fact in the license is no longer accurate at the time the certification is due, the licensee must:
  - (1) Provide all accurate material facts;
  - (2) Explain the reason for any discrepancies between the terms in the license and the accurate material fact; and
  - (3) Seek guidance from the Secretary on how to correct any errors, which may include requesting a license modification.

## Notes

### Authority

Authority: 51 U.S.C. 60124.

### Source

Source: 85 FR 30806, May 20, 2020, unless otherwise noted.