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Post# of 729694
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utvolsfan13

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utvolsfan13

Re: JusticeWillWin post# 420589

Tuesday, 04/21/2015 10:30:04 AM

Tuesday, April 21, 2015 10:30:04 AM

Post# of 729694
Piggyback Qualified

Not all broker-dealers are willing to sponsor a new security and file a Form 211. Many broker-dealers will begin to quote a security only after another firm does the paperwork to be quoted on OTC Link® ATS. After 30 days, the newly quoted stock becomes "piggyback qualified," meaning any broker-dealer from that point on can begin quoting it without filing the Form 211 on its own.



Is this perhaps why so many MMs showed up yesterday?

http://www.otcmarkets.com/learn/otc-trading

Life's a garden. Dig it

BOULDER

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