InvestorsHub Logo
Followers 1511
Posts 35063
Boards Moderated 7
Alias Born 07/12/2004

Re: JP313 post# 26962

Friday, 05/14/2021 5:39:47 PM

Friday, May 14, 2021 5:39:47 PM

Post# of 26968
Once RULE 15c2-11 becomes effective in Sept. 2021 all OTC stocks that lose compliance to the Rule (ie., inadequate and incomplete disclosures) will lose market maker representation, ie., no quotations.

Brokers can elect to place stocks that are not currently compliant with Rule 15c2-11 on liquidating trades only....no buy orders accepted.

To bite the worm of incite is to bite the HOOK of the antagonist . They win .