InvestorsHub Logo
Followers 106
Posts 20135
Boards Moderated 2
Alias Born 03/05/2012

Re: LKat7 post# 1539

Tuesday, 07/27/2021 4:42:24 PM

Tuesday, July 27, 2021 4:42:24 PM

Post# of 1674
Here's what TDAmeritrade had to say recently:

On September 28, 2021, new amendments to Rule 15c-211 under the Securities Exchange Act of 1934 go into effect to enhance investor protection and improve issuer transparency. These amendments restrict the ability of market makers to publish quotations for those companies that have not made required current financial and company information available to regulators and investors.

Ahead of the regulatory enforcement date, TD Ameritrade will only accept orders to liquidate positions - (i.e. no new buy orders) starting in mid-August 2021. Please note: After the amendment officially goes into effect on September 28, 2021, it may be more difficult to liquidate these securities. Quoting and market liquidity may also be very limited.


DESTQ is on this list.

https://www.tdameritrade.com/retail-en_us/resources/pdf/TDA101550.pdf

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.