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Re: marylandstockguy post# 16722

Friday, 09/24/2021 10:11:05 PM

Friday, September 24, 2021 10:11:05 PM

Post# of 21529
Got this email from Etrade, sounds like they will now stop Yield sign buys just when they started allowing when stop signs fall, that's messed up!

We recently sent you a communication about new regulatory requirements, effective September 28, 2021, that will impact the market for, and value of, certain OTC securities classified as "Pink No Information," "Grey Market," and "Expert Market" OTC securities.
We are updating that communication to tell you that on Monday, September 27, 2021, all GTC orders to close positions in Pink No Information, Pink Limited Information, Grey Market, and Expert Market OTC securities will be canceled, regardless of when those orders were entered. You can then re-enter your closing orders on September 28, 2021, using an updated order entry ticket, which will ask you to attest that you are not an affiliate, control person, or insider, and that your order is unsolicited. Opening orders in these securities are no longer accepted at E*TRADE.
Please visit OTC Markets Group's website to see if any OTC securities you hold are currently categorized as Pink No Information, Pink Limited Information, Grey Market, or Expert Market securities.¹
See the links below for more information about these changes and how they might affect you:
Understand the SEC amendments for OTC securities
Learn more about quotations for OTC securities
As always, thank you for choosing E*TRADE. It is our privilege to serve you.

Buy and sell at your own risk, I am not a financial advisor, all my posts are for entertainment only, enter at your own risk!