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Cash Plus concedes

JAMAICAOBSERVER.COM: "EMBATTLED alternative investment player Cash Plus Limited yesterday ended its running legal battle with the Financial Services Commission (FSC) and announced it would seek to register with the regulatory body.
The announcement came at the expected start of the highly anticipated case brought by Cash Plus, seeking a declaration in the Supreme Court that its operations did not amount to securities trading, which would require it to be regulated by the state-run FSC."

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