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Re: deal guy post# 23886

Tuesday, 07/22/2014 6:18:41 AM

Tuesday, July 22, 2014 6:18:41 AM

Post# of 68548
2. What documents are required for a stock split?
The company needs to complete the Issuer Company-Related Action Notification Form and submit to FINRA no later than 10 calendar days prior to the record date of the corporate action. Submissions can be set via email or fax to (202) 689-3533. Failure by an OTC Equity issuer to provide the requisite notice may constitute fraud under Section 10 of the Securities Exchange Act of 1934.

www.finra.org/Industry/Compliance/MarketTransparency/UPC/FAQ/P117315#2-2

deal guy said:
"FINRA can't tell him to split or not. That is a responsibility of the SEC.

If he doesn't know the difference between the SEC and FINRA who can beleive one other word out of his mouth.
"

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