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Re: Lime Time post# 10288

Friday, 04/05/2024 11:26:50 AM

Friday, April 05, 2024 11:26:50 AM

Post# of 10643
It is unsolicited quotes only. And SRNW isn't piggyback exempt as you stated.

"it's quoted on OTC Link and all other MMs piggyback." - Which isn't accurate as Surf so eloquently stated.

"Warning! This security is eligible for Unsolicited Quotes Only

This stock is not eligible for proprietary broker-dealer quotations. All quotes in this stock reflect unsolicited customer orders. Unsolicited-Only stocks have a higher risk of wider spreads, increased volatility, and price dislocations. Investors may have difficulty selling this stock. An initial review by a broker-dealer under SEC Rule 15c2-11 is required for brokers to publish competing quotes and provide continuous market making.

After changes to Rule 15c2-11 a couple of years ago - the SEC has pretty much stopped all Custodianships because FINRA won't process a 15c and it makes those shells worthless.

IG

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