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Re: reaper247 post# 93599

Monday, 10/10/2022 2:50:02 PM

Monday, October 10, 2022 2:50:02 PM

Post# of 180078

The expert market OTC tier has been around for years, not newly created. Before then, it was called OTC BB only.


Well, then how to explain this:

https://blog.colonialstock.com/sec-denies-anticipated-otc-expert-market/

August 17, 2021
As the compliance date for the new 15c2-11 rules looms near, on August 2, 2021, in a very short statement, the SEC shot down any near-term hope for an OTC Markets operated “expert market".

...Though this does not mean the suggestion won’t be revisited down the line, it puts at least a temporary end to the idea of an OTC Expert Market.


TIA

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