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stju1979

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stju1979

Re: Acme Investments post# 71806

Saturday, 07/17/2021 10:50:06 AM

Saturday, July 17, 2021 10:50:06 AM

Post# of 71937
4. Shell Company Exclusion—Rule 15c2-11(f)(3)(i)(B)

The amended Rule appropriately balances the promotion of investor protection and the facilitation of capital formation by allowing broker-dealers to maintain a quoted market in the securities of shell companies to provide opportunities for privately held companies to engage in reverse mergers with such publicly quoted shell companies, for a limited period of 18 months


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