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Re: RealDutch post# 3111

Sunday, 03/07/2021 11:29:57 AM

Sunday, March 07, 2021 11:29:57 AM

Post# of 9489
Let me explain. The SEC wants transparancy for investors. Until now there was a policy for delinquent filers, they could all be suspended if they turned out to be 'dead' tickers. The stop sign is meant for investors, so they know if there is a risk for suspension. Now and then (mostly twice a year) the SEC had a period where they suspended quite some tickers, imo random. For non-SEC-filers there wasn't a policy at all. They could have the stop sign (which goes with the warning dark/defunct) forever without any chance of suspension. That changes now: the SEC is saying they want all companies to be current. As I said, that was always the case for SEC-filers, but not for non-SEC-filers. So the new policy is only written for the non-SEC-filers. But you can bet on it that if they are sending all non-filers to the grey market, they will do the same with the SEC-filers.