DD Support Board and Research Team

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15c2-11: "new rule may offer some surprises up till very last minute."

"Amended Rule 15c-211 Is Only a Week Away – Going Public, Form S-1, Form 211"

"The SEC has now taken the position that the rule already applies to fixed income and has always applied.”


Brenda Hamilton: " We last wrote about the Securities and Exchange Commission’s new Rule 15c2-11 in early August. The amended rule was proposed in September 2019; the final rule appeared in September 2020. Now the compliance deadline, September 28, 2021, is only a week away. Penny players holding “no information” stocks hope against hope management will show up and make just enough disclosure to OTC Markets Group to qualify for the bare minimum required by the SEC. That means a single annual report dated within the past 16 months, enough to send the stock in question to OTC Markets’ Pink Limited Information tier. ..." much more...

https://www.securitieslawyer101.com/2021/15c-211-september-2021/