InvestorsHub Logo
Followers 51
Posts 12861
Boards Moderated 0
Alias Born 03/07/2012

Re: leverage102 post# 56882

Tuesday, 08/04/2015 11:18:53 AM

Tuesday, August 04, 2015 11:18:53 AM

Post# of 71937
If that were the case Canwealth would already be trading. It well known that the final approval and the issuing of the symbol comes from Finra. Finra did not approve the $15 million ipo and it was withdrawn. Finra has not approved the $850,000 ipo and Canwealth does not have a trading symbol. Pretty simple, in black and white, FINRA HAS NOT ASSIGNED A TRADING SYMBOL OR APPROVED TRADING FOR CANWEALTH.
So, even though the SEC declared Canwealth effective ( which basically means that Canwealth can file with Finra for approval to trade) Canwealth is still not trading.
Finra has the power to approve or disapprove , so far they're not approving