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Re: janice shell post# 47198

Monday, 04/06/2020 11:01:26 PM

Monday, April 06, 2020 11:01:26 PM

Post# of 55522
No Way. The 15C2-11 application process is similar to a registration process, in that the Issuer provides disclosure information to a market maker who in turns files such information with FINRA who in turn comments on the information and asks additional questions. When FINRA is satisfied that the market maker has adequate disclosure (as provided by the Issuer) and that the Issuer has answered all questions the market maker may have (which have usually been posed by the FINRA), FINRA will clear the 15C2-11 application and the Issuer’s securities can be quoted and traded.

IMHO

Always, always do you own DD. Only invest funds you can afford to lose and trust nobody but yourself.

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