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At any time after you enter into a lower tier covered transaction with a person at a higher tier, you must provide immediate written notice to that person if you learn either that—
(a) You failed to disclose information earlier, as required by §436.355; or
(b) Due to changed circumstances, you or any of the principals for the transaction now meet any of the criteria in §436.355.
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Last reviewed or modified Wednesday Sep 17, 2008 |