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Thursday, September 09, 2021 4:12:45 PM
It is not the call of the brokers after I think 9/28. Some brokers are allowing trades now on the OTC market, but after end of September the SEC says they can no longer trade on the OTC or any other retail market. That is why the brokers will not allow trading, and most are limited to just sells now. .
There s talk of a "expert market"
"Under the proposal, quotations in Expert Market stocks would only be available to institutional investors like hedge funds, investment banks, broker-dealers, and accredited investors.
The key difference is that, unlike the Pink Market, only qualified experts would have access to quotes in expert market securities. This limited access ensures that the intention of the new ruling — to strengthen protections for retail investors in the OTC market and deter “fictitious” quoting — is upheld."
Joe Stocks
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