Cash Companies
8.10
Is a Cash Company required to disclose its failure to comply with any obligation imposed pursuant to paragraph 8.03(5)(a) of the Main LR?
Yes, the Cash Company must announce its failure to comply with a particular obligation imposed pursuant to Practice Note 16 and ensure that the announcement complies with paragraph 9.16 of the Main LR with regard to the contents of the announcement. In addition, the Cash Company must also include the consequences of such failure in its announcement.