The delinquent filers list was too time consuming to keep current when the status of 1,000's of stocks changed frequently, eg., current to delinquent, delinquent to severely delinquent, delinquent to current, or many SEC Registrants filed FORM 15's to deregister from the SEC.
***The SEC's Amended Rule 15c2-11 will come into effect in September where all Alternate Reporting (not registered with the SEC) will be required to have accurate and adequate disclosures at OTC Markets, and I suspect even delinquent SEC registered stocks will also lose compliance to Rule 15c2-11 and consequently lose Market Maker quotations.
Every investor's FIRST due diligence is to check EDGAR to see the reporting status of any stock being considered for stock trading.
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