.0001s-.0009s with volume

[philg]

September 28 shift to Expert Market:

The SEC’s amendments to Rule 15c2-11 go into effect on September 28, 2021 and will effectively eliminate public broker-dealer quoting in securities of issuers that do not make current information publicly available. Giving effect to the SEC’s stated goals of encouraging public company disclosure, OTC Markets Group will use its Expert MarketSM as a venue for broker-dealers to publish unsolicited quotes representing customer limit orders in “No Information” securities.

What is the Expert Market?

OTC Markets Group currently operates the Expert Market as a distinct market tier for a small number of companies. However, on September 28th this market tier will expand to include a broader range of securities. Following the upcoming changes to Rule 15c2-11, companies that do not make current information publicly available under the rule will shift to the Expert Market.

Quotes in the Expert Market will be “Unsolicited Only.” This means broker-dealers may use the Expert Market to meet their Best Execution responsibilities under FINRA Rules and publish unsolicited quotes representing Limit Orders from retail and institutional investors who are not affiliates or insiders of the company.

Who can access the Expert Market?

Quotations in Expert Market securities are restricted from public viewing. Only broker-dealers and professional or sophisticated investors are permitted to view quotations in Expert Market securities.

Despite the restrictions on who can view quotations, the Expert Market does not impose restrictions on who can trade securities. Rule 15c2-11 governs a broker’s ability to submit, publish or distribute quotations (i.e. bids and offers) in OTC securities. The Rule does not apply to the underlying transactions or the ability of an investor to buy or sell a security.

Contact your broker for information concerning restrictions or qualifications for accessing Expert Market securities.

[philg]

Maybe the September 28th SEC deadline will be extended? - https://investorshub.advfn.com/boards/read_msg.aspx?message_id=165709519&txt2find=tdameritrade

[philg]

.0002 x .0003 Pink Current/Pink Yield stocks. (As of this writing.)

FTEG - https://investorshub.advfn.com/For-The-Earth-Corporation-FTEG-18700

RBNW - https://investorshub.advfn.com/Renewable-Energy-&-Power-RBNW-30288

CBDL - https://investorshub.advfn.com/CBD-Life-Sciences-Inc-CBDL-10536

GNCP - https://investorshub.advfn.com/GNCC-Capital-Inc-GNCP-3731

[philg]

https://www.tdameritrade.com/retail-en_us/resources/pdf/TDA101550.pdf

[philg]

New regulations will affect your ability to buy and sell “Pink No Information,” “Grey Market,” and “Expert Market” Over-the-Counter (OTC) securities, including at E*TRADE.

On September 28, 2021, new amendments to Rule 15c2-11 under the Securities Exchange Act of 1934 take effect that will impact the market for certain OTC securities classified as Pink No Information, Grey Market, and Expert Market OTC securities (collectively, “Impacted OTC Securities”). These rule changes prohibit broker-dealers, like E*TRADE, from publishing bid/ask quotations of companies that fail to publicly report and keep current financial and other company information. The amendments also restrict the ability of retail investors to open new positions in Impacted OTC Securities.

What these rule changes mean for you

After Friday, August 27, 2021, E*TRADE customers will no longer be able to buy Impacted OTC Securities through E*TRADE. E*TRADE will restrict new buy orders in Impacted OTC Securities prior to the regulatory enforcement date, as it may become more difficult to liquidate such securities after the compliance deadline. While E*TRADE will accept closing orders to liquidate positions in these securities after the amendment goes into effect on September 28, 2021, it may be more difficult to sell these securities, as quoting and market liquidity may be very limited. The following restrictions will apply to any closing order for Impacted OTC Securities: ? ? You must not be an Affiliate, Insider, or Control Person of the company ? Only limit orders will be accepted ? Quotes for the security will not be available ? Other restrictions related to the purchase and sale of these securities may also apply.

Please visit OTC Markets Group’s website to see if any OTC securities you hold are currently categorized as a Pink No Information, Grey Market or Expert Market security.¹

See the links below for more information regarding these changes and how they might affect you: ? ? Understand the SEC amendments for OTC securities ? Learn more about quotations for OTC securities ? As always, thank you for choosing E*TRADE. It is our privilege to serve you.

[philg]

TDAmeritrade restricted stock sales as of August 1, 2021 (but rumor has it that they may delay implementation) - https://www.tdameritrade.com/retail-en_us/resources/pdf/TDA101550.pdf

[MRbags]

$WCVC Expecting "Pink Current" Status
Big money maker

[MRbags]

$INAR Expecting "Pink Current" Status will make a lot of people RICH!

[philg]

OTC Markets Group Answers Frequently Asked 2-11 Rule Change Questions -

[philg]

A yield sign on otcmarkets.com. https://www.otcmarkets.com/stock/RBNW/overview


Here is more info on that:

"Limited Information

Companies with Limited Information status on OTC Markets are delineated by a “yield” sign and post some financial and basic information on the company on the OTC Markets website, but either do not report to the SEC or do not include enough information to satisfy the Current Information requirements. The following minimum disclosure is required to maintain Limited Information status:

Maintain quarterly and annual reports that are no older than 6 months and that include a balance sheet, income statement and total number of issued and outstanding shares;
Financial statements must be prepared in accordance with GAAP; and
The company profile page on OTC Markets must be current and accurate.
In addition, to maintain Limited information status, a company must subscribe to the OTC Disclosure & News Service with an annual fee of $4,200 and a one-time set-up fee of $500."

http://www.legalandcompliance.com/securities-law/otc-market-compliance/otc-markets-listing-requirements/

[philg]

On September 28, 2021, new amendments adopted by the U.S. Securities Exchange Commission (SEC) go into effect to enhance investor protection and improve issuer transparency. These amendments restrict the ability of market makers to publish quotations for those companies that have not made required current financial and company information available to regulators and investors.

Ahead of the regulatory enforcement date, we will only accept orders to liquidate positions (i.e. no new buy orders) starting August 13, 2021. After the amendment officially goes into effect on September 28, 2021, it may be more difficult to liquidate these securities. Quoting and market liquidity may also be very limited.

What this means for your account(s).

You are receiving this notification because you currently hold one or more of the impacted securities in your account. We're including the list below but be aware that it may not include all of your impacted securities. There is also a chance that the impacted companies could come into compliance with the regulatory requirements ahead of this date and be removed from the list. For a current list of all securities (which is subject to change), please visit www.tdameritrade.com/retail-en_us/resources/pdf/TDA101550.pdf.

You have multiple options to consider, such as:

Take no action. You are not required to sell these securities; however, starting August 13, 2021 we will restrict these securities to liquidation-only transactions. You may continue to hold them, but you may have difficulty selling them in the future and there is no guarantee as to what their future value will be.

Place trades to liquidate. You may place trades to liquidate these securities now. Due to the uncertainly, we cannot guarantee there will be sufficient liquidity to close your position(s) in the future.

Transfer your positions to another financial institution. Other U.S. financial institutions are also impacted by this amendment so you may have difficulty transferring them out of TD Ameritrade. If you are interested in transferring the assets, please submit any outgoing transfers requests to us. (These transactions may incur fees or commissions, depending on the asset type.)


Have Questions? Need Any Help?

We're here for you. Just reply to this message to write us, or call Client Services at 800-669-3900. We're available 24 hours a day, seven days a week.

Sincerely,

TD Ameritrade Client Service


The Securities and Exchange Commission (SEC) amended Rule 15c2-11 under the Securities Exchange Act of 1934 on September 15, 2020. It regulates how broker-dealers initiate or resume pricing quotations for certain securities traded in the Over-the-Counter (OTC) market.

The list of restricted securities is subject to change at any time. You will be responsible for any trading decisions, including any tax consequences of such trades, and agree that TD Ameritrade will not be liable for any future appreciation of securities that were sold.

OTC Markets Group is a third-party financial market that provides price and liquidity information for over-the-counter traded securities. TD Ameritrade is not liable for the accuracy, errors, or omissions provided by third-party resources.

TD Ameritrade does not provide tax advice. We encourage you to speak with a tax-planning professional about your particular situation

[philg]

FINRA Daily list of symbol/stock changes -
https://otce.finra.org/otce/dailyList

[philg]

..."shares purchased in the open market, once in physical form cannot be be deposited back in due to no brokerages allowing deposit of those certificates." https://investorshub.advfn.com/boards/read_msg.aspx?message_id=164884875

[philg]

"SEC is considering a proposal to establish an “Expert Market” for the unregulated OTC Pink stocks" -

https://stockstotrade.com/secs-new-otc-pink-rules/

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=164692470

[philg]

FINRA Short Interest- https://otce.finra.org/otce/equityShortInterest

[philg]

6/30 15-12G filers Purgatory - https://investorshub.advfn.com/boards/read_msg.aspx?message_id=164219445

[philg]

SEC RULE PROPOSAL 15C2-11 - https://www.otcmarkets.com/learn/public-policy-advocacy

[philg]

Restricted stock info (general) - https://investorshub.advfn.com/boards/read_msg.aspx?message_id=164103149

[philg]

What the SEC is doing to these stocks in June and September - https://investorshub.advfn.com/boards/read_msg.aspx?message_id=163288026

[philg]

Beware of any stock's red stop sign in Otcmarkets.com - https://investorshub.advfn.com/boards/read_msg.aspx?message_id=163543146&txt2find=Delisting|notice

[philg]

Interesting post on hedge fund short squeeze developments - https://investorshub.advfn.com/boards/read_msg.aspx?message_id=163608036

[philg]

SEC Company look-up - https://www.sec.gov/edgar/searchedgar/companysearch.html

[philg]

NASDAQ Delisting Alerts webpage: https://listingcenter.nasdaq.com/IssuersPendingSuspensionDelisting.aspx

[philg]

SEC trading suspension webpage - insert-text-here

[philg]

TDAmeritrade to stop allowing buying of Caveat Emptor stocks starting May 25th, 2021. https://www.tdameritrade.com/retail-en_us/resources/pdf/cesecuritylist.pdf

[philg]

Thank you HongKongWalt! Yes I agree about the jumps you're expecting in the listing process.

[hongkongwalt88888888]

Maybe you're wrong about only getting to pick one like TSNP. The way the markets are going, there will be more geniuses looking to save $multifigures$ in the listing process.

I would be interested in seeing more of your picks and your reasoning.

Sorry for the long message.

What is your best trade? Also, congrats on the HMBL/TSNP awareness. I KNOW YOU CAN LEVERAGE WHAT HAPPENED IN THE PROCESS FOR FUTURE GAINS.

Happy Friday

[philg]

SEC Obtains Emergency Asset Freeze, Charges California Trader with Posting False Stock Tweets - https://www.sec.gov/news/press-release/2021-46?utm_medium=email&utm_source=govdelivery

[philg]

Five more Caveat Emptor stocks suspended by the SEC - https://www.sec.gov/litigation/suspensions/2021/34-91296-o.pdf

[ThousandDollarSuit]

$MDMP spiking over 1,000% yesterday and 200% this morning on talk of discovery of billions of dollars of oil wells! Expected PT $5, This one will make millionaires.

[philg]

SEC Limit Up-Limit Down - "In the same alert, the SEC described another way the market can limit trading on certain stocks. The national securities exchange and the Financial Industry Regulatory Authority (FINRA) have Limit Up-Limit Down rules in place “designed to prevent trades in these stocks from occurring outside a specified price band,” the alert said.

“This price band is set at a percentage level above and below the average price of the stock over the immediately preceding five-minute trading period. If a stock’s price moves outside these price bands for more than 15 seconds, trading in the stock will be paused for five minutes,” the alert said." https://www.complianceweek.com/regulatory-policy/sec-halt-on-meme-stocks-just-the-beginning-of-gamestop-fallout/30094.article

[philg]

RECAP - The Securities and Exchange Commission (SEC) over the last month has suspended trading on securities offered by 21 companies in reaction to market volatility caused by “apparent social media attempts to artificially inflate their stock price.” https://www.complianceweek.com/regulatory-policy/sec-halt-on-meme-stocks-just-the-beginning-of-gamestop-fallout/30094.article

[philg]

(Repost) - SEC Stops the Game: Suspending Trading After “Questionable Trading and Social Media Activity” - On Friday, February 26, the U.S. Securities and Exchange Commission (“SEC”) announced in a press release that they are suspending trading in 15 stocks in an effort “as part of its continuing effort to respond to exploit investors during the recent market volatility.” The February 26, 2021, order issued by the SEC states that “none of the issuers has filed any information with the SEC or OTC Markets, where the companies’ securities are quoted, for over a year. The SEC said that this followed the suspension of trading in some six stocks in the prior week. In each case, the SEC asserts that they appear to “have been the targets of apparent social media attempts to ARTIFICIALLY inflate their stock prices” (emphasis added). https://www.natlawreview.com/article/sec-stops-game-suspending-trading-after-questionable-trading-and-social-media

[philg]

SEC Says Social Media OK for Company Announcements if Investors Are Alerted

https://www.sec.gov/news/press-release/2013-2013-51htm

[philg]

SEC Adopts Final Amendments to Rule 15C2-11 - https://www.prnewswire.com/news-releases/sec-adopts-final-amendments-to-rule-15c2-11-attorney-laura-anthony-sees-changes-for-otc-companies-301153226.html#:~:text=FINRA%20Rule%206432%20requires%20that,a%20quotation%20of%20that%20security.&text=The%20core%20principle%20behind%20Rule,a%20security%20enters%20the%20marketplace.

Well this is interesting..."the new rule will not require OTC Markets to submit a Form 211 application or otherwise have FINRA review its determination that a broker-dealer can quote a security, prior to the quotation by a broker-dealer."

[philg]

Notice of Proposed Conditional Exemptive Order Granting a Conditional Exemption From the Information Review Requirement and the Recordkeeping Requirement Under the Securities Exchange Act of 1934 for Certain Publications or Submissions of Broker-Dealer Quotations on an Expert Market

https://www.federalregister.gov/documents/2021/01/12/2020-28700/notice-of-proposed-conditional-exemptive-order-granting-a-conditional-exemption-from-the-information

[philg]

SEC Adopts Amendments to Rule 15c2-11 (November 30th, 2020 publication)

https://www.lexology.com/library/detail.aspx?g=b7d8da98-92cf-4333-b5d8-dbdf8e43c067

[playstay77]

Any trips waking up?

[Tadcoll]

That’s a kick yourself in the ass sell right there huh... yes looking for another 000 stock that’s has potential for big jumps in the next couple years. May have missed the boat though.

[philg]

TSNP - I suspect I only get to find one stock like TSNP in my life.

I was trading with little money and as TSNP was no bid I wasn't liquid enough to stay in it for so long for the jump. If the the darn thing wasn't no bid for so long I would has stayed in.

Folks forget or don't know that TSNP was just another no bid triple 000 stock for sometime. I got stuck in it and was glad to finally be out, until I saw the jump.

[Tadcoll]

Yes I’ve seen that one. I think they all popped at one point already! Need to find the next TSNP and SIRC!

[philg]

Unrestricted OS is 2.3 billion (BANI) and the way it trades the public float is a lot lower. https://www.otcmarkets.com/stock/BANI/security

It's a down time for microcaps though.

BANI had a decent pop, sorry you missed it. https://investorshub.advfn.com/Banneker-Inc-BANI-11661/

[Tadcoll]

42 Billion OS!? That’s gotta be a record right? What’s the next TSNP man? We need to find it

[philg]

SEC stock suspension list, February 19, 2021 - https://www.sec.gov/litigation/suspensions/2021/34-91170.pdf

[philg]

Lots more triple zeros selling off, ought to be lots of bargains whenever this downturn ends.

[philg]

Another brutal Friday sell-off in many microcaps. A lot of microcaps heading south, at least for now.

[ThousandDollarSuit]

$MCET on a bull run from sub-penny, possibly very very high upside! This one will make millionaires.

If $MCET breaks resistance at 0.005, we will see a ten-bagger this week.

https://microcapdaily.com/biotech-sleeper-mcet-multicell-technologies-surging-higher-as-its-fa-n2-4-immortalized-human-hepatocytes-cell-lines-patent/130352/

[philg]

USNL - .0007 - Lots of new DD on it here - https://investorshub.advfn.com/US-National-Telecom-USNL-4458/

Volume history - https://finance.yahoo.com/quote/USNL/history?p=USNL

[philg]

This article discusses a/the main reason these super cheap microcaps have jumped so much recently - https://www.seattletimes.com/business/newbies-discover-penny-stocks-and-1-trillion-shares-get-traded-in-a-month/

[dealerschool2006]

$ICOA .0007 x .0008 but it has a high float...