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Re: Lime Time post# 54879

Monday, 06/10/2024 3:26:36 PM

Monday, June 10, 2024 3:26:36 PM

Post# of 54902
I do know that. But OTCM will NOT submit 211s to FINRA for issuers. When Rule 15c2-11 was amended, OTCM wanted to do that. BUT it wanted to be allowed to charge for it. That has never been allowed.

And the SEC told them they would not be permitted to do that. So they decided to steer clear. They are willing to provide information that will make it possible for issuers to show they have "current information", which is required of companies trying to get a 211 processed.