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Saturday, December 26, 2020 7:23:08 PM
https://www.tradersmagazine.com/departments/regulation/exploring-the-investor-impact-of-an-sec-rule-proposal/
The SEC’s proposal recognizes the disclosure standards OTC Markets Group uses for our OTCQX, OTCQB and Pink Current Information designations. This means the vast majority of companies trading on these markets would remain quoted based on meeting our current information standards. The rule proposal would allow broker-dealers to rely on those designations when quoting these securities on OTC Link ATS.
However, under the rule proposal, more than 3,000 “No Information” securities that do not make current information available would no longer be eligible for public quoting.
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