InvestorsHub Logo
Followers 40
Posts 2492
Boards Moderated 0
Alias Born 04/07/2012

Re: None

Saturday, 12/10/2022 6:22:54 PM

Saturday, December 10, 2022 6:22:54 PM

Post# of 49441
A number of things can lead to an SEC trading suspension. One big one is if a company fails to keep up with SEC reporting requirements, such as missing the filing deadlines for required periodic reports about the company—usually required on an annual and quarterly basis. These reports provide the public with information about the company’s business, corporate outlook and financial performance to date. The quality of this publicly available information can also be a factor in declaring a trading suspension, particularly if it appears to be inaccurate.

Another possible reason for a suspension is the trading activity in a stock. SEC staff can evaluate who is actively trading a stock and suspend trading if it looks like manipulation may be taking place.

Once the SEC decides to suspend trading in a stock, it will issue an order of suspension and announce the reason(s) for its decision and the dates that the suspension is in force. If the reason is a lack of current information, the SEC will state when the company last filed public reports. This information provides an indication of how long it has been since a company updated its publicly available information. Current and past trading suspensions are available from the SEC.

Historically, most companies subject to trading suspensions by the SEC are those that trade in the OTC market—and most suspensions are based on a lack of current information about the company.

Can one of you longs tell me what any of this has to do with the government change in Columbia ??