Saturday, April 28, 2018 10:14:45 AM
1000 pages on what? A name/symbol change does not affect anything.
As for a stock split, they are looking for outright criminality.
FINRA has forms to fill out 10 days before the action.
If they have concerns it is usually forwarded to the SEC or other agencies.
3. What documents are required for a Company to change its name?
The company needs to complete the Issuer Company-Related Action Notification Form and submit to FINRA no later than 10 calendar days prior to the record date of the corporate action. Submissions can be set via email or fax to (202) 689-3533. Failure by an OTC Equity issuer to provide the requisite notice may constitute fraud under Section 10 of the Securities Exchange Act of 1934.
4. Are there any reasons when an OTC Voluntary Symbol Change will not be granted? Or are there any time restrictions when requesting an OTC Voluntary Symbol Change request?
Yes, FINRA will not process a voluntary symbol request if the issuer has either an announced corporate action or a symbol change within the past 60 days.
http://www.finra.org/industry/faq-upc-corporate-actions-faq#2-3
FINRA works with the SEC as a front line in the detection and prosecution of issuers when regulatory infractions occur. Although FINRA in and of itself does not possess the legal authority to prosecute issuers, it actively engages in investigations related to market fraud and shares its findings with prosecutorial authorities (i.e., the SEC for civil actions and either Department of Justice of State Attorney for criminal violations). FINRA maintains a vital role in the enforcement of securities laws by providing prosecutorial bodies with crucial data that substantiates when a violation has occurred.
http://www.legalandcompliance.com/securities-law/finra-compliance/
As for a stock split, they are looking for outright criminality.
FINRA has forms to fill out 10 days before the action.
If they have concerns it is usually forwarded to the SEC or other agencies.
3. What documents are required for a Company to change its name?
The company needs to complete the Issuer Company-Related Action Notification Form and submit to FINRA no later than 10 calendar days prior to the record date of the corporate action. Submissions can be set via email or fax to (202) 689-3533. Failure by an OTC Equity issuer to provide the requisite notice may constitute fraud under Section 10 of the Securities Exchange Act of 1934.
4. Are there any reasons when an OTC Voluntary Symbol Change will not be granted? Or are there any time restrictions when requesting an OTC Voluntary Symbol Change request?
Yes, FINRA will not process a voluntary symbol request if the issuer has either an announced corporate action or a symbol change within the past 60 days.
http://www.finra.org/industry/faq-upc-corporate-actions-faq#2-3
FINRA works with the SEC as a front line in the detection and prosecution of issuers when regulatory infractions occur. Although FINRA in and of itself does not possess the legal authority to prosecute issuers, it actively engages in investigations related to market fraud and shares its findings with prosecutorial authorities (i.e., the SEC for civil actions and either Department of Justice of State Attorney for criminal violations). FINRA maintains a vital role in the enforcement of securities laws by providing prosecutorial bodies with crucial data that substantiates when a violation has occurred.
http://www.legalandcompliance.com/securities-law/finra-compliance/

