Make sure that the monitor you want to see the closed caption in is set to the standard the caption is set to.
1. Double click on the closed caption in the Sequence
2. See what standard the caption is set to
3. In the Sequence monitor, click on the wrench Icon (Settings...) and under "Closed Captioning Display" and pick "Enable" and also under "Settings" set the diplay settings to match the standard of the closed caption clip in the Sequence
Hope that helps!
Thanks a lot!
Very gratified to help, thank you & good luck!