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Re: MakinBank post# 8812

Tuesday, 08/29/2017 10:26:50 AM

Tuesday, August 29, 2017 10:26:50 AM

Post# of 9271
what are the conditions that must be met for the SEC to grant mm's permission?

well, like i said before the problems are more serious than that, but to answer your question..........

in order to get off the grey market, which is where this will be provided that revocation doesn't happen immediately following suspension, the company needs to find a market maker willing to sponsor the company ( not likely) and file a new form 211 under rule 15c-211 and submit it to finra for approval. even under the best of circumstances that is a lengthy process.

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