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Thursday, November 07, 2019 10:49:20 AM
The new SEC proposed rule is designed to remove all 15c2-11 qualifications for Market Maker representation when there is NO CURRENT information/disclosures from every OTC stock. This RULE could adversely affect every delinquent SEC registered stock and every not-registered stock on the OTC that has no current info/disclosures - which includes EHOS and Strickland’s other Dark stocks.
It will place all responsibility on Brokers and Market Makers to ensure ALL information and disclosures are current, and if not current to remove their quotation services, automatically placing those stocks on the Grey Market by default.
If this is made an SEC rule, his dark stocks could go to the Grey Market by default as well as 100's of other no-disclosure stocks that could lose their Market Maker representation.
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