§ 1508.365 — What Must I Do If I Learn Of Information Required Under § 1508.355 After Entering Into A Covered Transaction With A Higher Tier Participant?

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 § 1508.355; or

(b) Due to changed circumstances, you or any of the principals for the transaction now meet any of the criteria in § 1508.355.