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Re: Xfree post# 27221

Saturday, 09/03/2022 8:09:53 PM

Saturday, September 03, 2022 8:09:53 PM

Post# of 27590
FINRA does not approve R/S's they simply record them. A R'S is handled by the company and its treasure. The claim that FINRA approves them is just another OTC scam these shell companies play

FINRA does not approve reverse splits, but it does process reverse stock splits as part of its functions related to company corporate actions in the OTC market. OTC companies must submit notice to FINRA 10 days prior to the record/effective date of the corporate action.

https://www.finra.org/investors/learn-to-invest/types-investments/stocks/stock-splits

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