For most traders, I would surmise that they are rather ignorant of the whole "Pink Limited" vs "Pink No Info" tiers and so moving down from Limited to No Info would be a rather transparent event that few retail traders would even notice, care about, or even understand... ...but being kicked to the greys, on the other hand, I know that this would scare the heebie-geebies out of many retail market participants simply because it would be obvious that something is rotten in the state of denmark when MM's stop listing B/A prices...
...so in this vein, in regards to your comment that "right now, SCRC is not seriously delinquent", would it be correct to say that in your best opinion (don't worry, I won't hold you to this, LOL), SCRC is not in any real danger of being moved to the greys?
If correct, then from your experience, how late would SCRC need to be before you would consider them to be "seriously delinquent" enough to be at-risk of being moved to the greys?
