News Focus
News Focus
Post# of 63119
Next 10
Followers 138
Posts 12824
Boards Moderated 0
Alias Born 07/10/2018

Re: Deano361 post# 60247

Sunday, 05/25/2025 2:05:03 PM

Sunday, May 25, 2025 2:05:03 PM

Post# of 63119
Not the way it reads in the 15c2-11 rules. Unsolicited quotes only…insiders can not sell when the company is not current with information.
https://securities-law-blog.com/2023/02/28/the-211-rules-and-shell-companies/

If no current available information exists, the unsolicited quotation exception is not available for company insiders or affiliates including officers, directors and 10%-or-greater shareholders. Also, in practice, that company would likely only be quoted on the Expert Market.