Tuesday, March 02, 2021 9:19:49 AM
Up until now, the SEC would typically only allow registered stock companies to go delinquent for 2 or 3 years before suspending and revoking their stocks while D or D stocks could keep trading for a much longer time before FINRA would eventually delete their symbol and remove them from trading. Now that the SEC has said they will crack down on D or D stocks, they both seem equally as bad.
p.s., I'm not an expert, this is just my understanding of how it works.
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