Rightsmile, Inc. (RIGH): RIGH on SEC Restricted Securities list.....

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Tuesday, 08/10/2021 10:32:09 AM

Tuesday, August 10, 2021 10:32:09 AM

RIGH on SEC Restricted Securities list...

...as per TD Ameritrade:

SEC Rule 15c2-11 Restricted Securities

"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."

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

More info on ruling change:
https://www.wyrick.com/news-insights/sec-adopts-amendments-to-rule-15c2-11-most-provisions-effective-september-26-2021