|SEC. 17. REGULATIONS (46 App. U.S.C. 1716 (2002)).
(a) The Commission may prescribe rules and regulations as necessary to carry out this Act.
(b) The Commission may prescribe interim rules and regulations necessary to carry out this Act. For this purpose, the Commission is excepted from compliance with the notice and comment requirements of section 553 of title 5, United States Code. All rules and regulations prescribed under the authority of this subsection that are not earlier superseded by final rules shall expire no later than 270 days after the date of enactment of this Act.
SEC. 19. OCEAN TRANSPORTATION INTERMEDIARIES (46 App. U.S.C. 1718 (2002)).
(a) License. No person in the United States may act as an ocean transportation intermediary unless that person holds a license issued by the Commission. The Commission shall issue an intermediary_s license to any person that the Commission determines to be qualified by experience and character to act as an ocean transportation intermediary.
(b) Financial Responsibility.
(1) No person may act as an ocean transportation intermediary unless that person furnishes a bond, proof of insurance, or other surety in a form and amount determined by the Commission to insure financial responsibility that is issued by a surety company found acceptable by the Secretary of the Treasury.
(2) A bond, insurance, or other surety obtained pursuant to this section_