S A M Trade Asia Pte. Ltd. (SMFX)

[chemist72]

Here's an interesting fact regarding SMFX OTC status.

SMFX is now 2+ weeks late with their Q3 financial disclosure report. Technically they are NOT Pink Current anymore. Yet OTCMarkets for some reason has not yet downgraded them to the Pink Limited tier.

Why not?? The SEC Rule 15c2-11 requiring current information went into effect on Sept. 28, 2021. (See the quote below from the Federal Register.)
https://www.govinfo.gov/content/pkg/FR-2021-06-15/pdf/2021-12480.pdf

The SEC specified a compliance date for amended Rule 15c2–11 (except for paragraph (b)(5)(i)(M)) of nine months after the amended rule’s December 28, 2020 effective date, which is September 28, 2021.