Signature Devices Inc. (SDVI)

[monthtrader]

How does Rule 15c2-11 work now?

Companies that are designated as “Pink No Information” or otherwise fail to provide current information as required by the Rule will no longer be eligible for public quoting, subject to certain limited exceptions (for example, certain quotations submitted on an “unsolicited” basis). If these companies do not take proactive steps to make disclosure available before the September 2021 compliance date, they will move to the Expert or Grey market.

When does the new rule go into effect?

OTC Link LLC, our broker-dealer subscribers, and companies quoted on our markets, must comply with the new, amended rule before the September 26, 2021 compliance date. We continue to actively engage with the Commission and our market participants to ensure a smooth transition to the amended Rule, including seeking exemptive relief for certain categories of issuers on our markets.

being current will change the game in the very near future....be strong!!!