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Saturday, 07/15/2023 10:08:06 PM

Saturday, July 15, 2023 10:08:06 PM

Post# of 34913

FINRA enables investors and firms to participate in the market with confidence by safeguarding its integrity. We deploy deep expertise, leading technology and extensive market intelligence to serve as the first line of oversight for the brokerage industry - all at no cost to taxpayers.

We are a not-for-profit organization that – working under the supervision of the SEC – actively engages with and provides essential tools for investors, member firms and policymakers. Because of these deep relationships and together with our stakeholders, we work towards finding common solutions to create a regulatory environment that promotes collaboration, innovation, and fairness. We do this so that investors are safe, while having the opportunity to participate in America’s capital markets. https://www.finra.org

Here's their page regarding oversight and regulation of OTC stocks.

FINRA’s Role in OTC Corporate Actions

Federal securities regulations task FINRA with processing corporate action announcement requests by companies that trade in the over-the-counter (OTC) marketplace rather than on a national securities exchange. Corporate actions reportable to FINRA generally include mergers, a dividend or other distribution of cash or securities, stock splits and name and domicile changes.

FINRA’s processing function helps to keep investors and the market informed of company corporate actions. However, FINRA is not responsible for approving or disapproving the action the company is taking. And FINRA does not review such requests for a company’s compliance with any federal, state or other regulatory requirements. The public company is responsible for making sure their business decisions comply with all applicable laws and regulations.

Corporate actions for exchange-listed companies are handled by the exchange upon which a company is listed; and information on these corporate actions is available on the websites of the relevant exchanges.

How Can You Find Out About OTC Corporate Actions?

If you own stock in an OTC company that is the subject of a corporate action, you will want to check the Daily List https://otce.finra.org/otce/dailyList . The Daily List provides valuable information regarding corporate actions announcements for OTC securities, including ex-dates (the date that determines whether shareholders will receive a dividend), new issues, deleted issues, deletions, trading symbol and name changes. The Daily List also indicates if previously announced changes have been updated or cancelled.https://www.finra.org/investors/insights/corporate-actions-public-companies-what-you-should-know


The FINRA "daily list" shows no announcement by PLPL ...not for Puriblood.. not for EV Hotels... not Byoplanet... not ever..."No records found."

Do not buy, sell or make any investment decision based any information or opinion I post. Conduct your own DD.