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Alias Born | 04/12/2001 |
Friday, April 12, 2019 3:02:23 PM
If you're saying that on the OTCQX, OTC Markets "assigns" MMs, it does not.
ALL OTC stocks must comply with SEC Rule 15c2-11. In order to remain in compliance, at least one MM must be making a market in the stock. If the stock doesn't have published quotes for more than four trading sessions, it will lose compliance with Rule 15c2-11 and be kicked to the Grey Market.
Last I saw, SPRV was not Grey.
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