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Friday, August 27, 2021 3:20:30 PM
After Friday, August 27, 2021, E*TRADE customers will no longer be able to buy Impacted OTC Securities through E*TRADE. E*TRADE will restrict new buy orders in Impacted OTC Securities prior to the regulatory enforcement date, as it may become more difficult to liquidate such securities after the compliance deadline. While E*TRADE will accept closing orders to liquidate positions in these securities after the amendment goes into effect on September 28, 2021, it may be more difficult to sell these securities, as quoting and market liquidity may be very limited. The following restrictions will apply to any closing order for Impacted OTC Securities:
You must not be an Affiliate, Insider, or Control Person of the company
Only limit orders will be accepted
Quotes for the security will not be available
Other restrictions related to the purchase and sale of these securities may also apply.
You can clearly see the STOP ON EXPL
https://www.otcmarkets.com/index.html
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