This is the main reason I am optimistic. This 4 minute video definitely worth a listen.
Can You Expand On The New Process For Filing A 2-11 Vs. The Current Process?
The OTC is now in charge of determining who is eligible for quotes.
That is HUGE.
Previously it was a long a tedious process that went through FINRA.
Now the OTCM can expedite applications and there will not be a scaling in of the market makers upon approval (typically there is a 30 day period where only 1 or 2 market makers are present).
That means one day a company could be grey or expert and then the next day they could have L2 with a long list of market makers making trades.
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