![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Monday, April 18, 2022 12:15:34 PM
Vanguard homepage
An update on over-the-counter securities
Dear Vanguard Client,
Beginning April 28, 2022, Vanguard will no longer accept purchases and transfers in of most over-the-counter (OTC) securities. This change allows us to better support a targeted, enduring suite of products and services rooted in Vanguard's time-tested investment philosophy and built to help secure the long-term success of investors.
According to our records, you either currently hold at least one of these restricted securities in your portfolio or have traded them in the past.
What does this mean for the securities I hold?
You can continue to hold and sell your positions in these securities. You can also make additional purchases of a small selection of global American Depositary Receipts (ADRs). Here's how you can determine if you hold an ADR that won't be restricted.
All three of the following criteria must apply to the ADR:
Consists of a five-letter ticker symbol that ends in "Y." This confirms it's traded OTC.
Has a market capitalization of over $300 million (in U.S. dollars). Market capitalization is the total market value of a company's outstanding shares.
Belongs to the top three tiers of the OTC markets (Pink Current, OTCQB, and OTCQX). These markets are up to date with disclosures and listing requirements.
Learn more about the OTC markets and individual securities at otcmarkets.com.
Thank you for investing with Vanguard.
Legal notices
All investing is subject to risk, including the possible loss of the money you invest.
© 2022 The Vanguard Group, Inc. All rights reserved.
P.O. Box 982901 | El Paso, TX 79998-2901 | vanguard.com
Privacy policy | Contact us | Online security | Home
FEATURED ECGI Holdings Enhances Board with Artificial Intelligence (AI) Expert Ahead of Allon Apparel Launch • Jul 10, 2024 8:30 AM
Avant Technologies to Meet Unmet Needs in AI Industry While Addressing Sustainability Concerns • AVAI • Jul 10, 2024 8:00 AM
Panther Minerals Inc. Launches Investor Connect AI Chatbot for Enhanced Investor Engagement and Lead Generation • PURR • Jul 9, 2024 9:00 AM
Glidelogic Corp. Becomes TikTok Shop Partner, Opening a New Chapter in E-commerce Services • GDLG • Jul 5, 2024 7:09 AM
Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • FHLD • Jul 3, 2024 9:00 AM
EWRC's 21 Moves Gaming Studios Moves to SONY Pictures Studios and Green Lights Development of a Third Upcoming Game • EWRC • Jul 2, 2024 8:00 AM