Template:Nutshell CASS Treatment of shortfalls

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CASS 6.6.54R applies where there is an unresolved shortfall. Until it is resolved the firm must:

If the shortfall is a third party’s fault the firm must take all reasonable steps to quickly resolve the situation. Until it is resolved the firm must consider whether it should notify the affected clients, and may take steps for the treatment of shortfalls until that discrepancy is resolved.