RCC Holdings Corp fka RCCH

[johnnyfiber]

ARCA is 15c 211 compliant with FINRA. So are the MM's. They are privy to current info. Outstanding shares is a line on that form.



Pink Sheets

Pink OTC Markets, formerly known as Pink Sheets, operates Pink Quote, an electronic quotation system that displays quotes from broker dealers for many over-the-counter (OTC) securities. "Market makers" and other brokers who buy and sell OTC securities, can use the Pink Quote to publish their bid and ask quotation prices. The name "Pink Sheets" comes from the color of paper they were historically printed on. They are published electronically today by Pink OTC Markets Inc., a privately owned company. Pink OTC Markets Inc. is not registered with the SEC in any way and it is not the Financial Industry Regulatory Authority (FINRA) Broker-Dealer. Pink OTC Markets Inc. does not require companies whose securities are quoted upon its systems to meet any listing requirements. With the exception of a few foreign issuers, the companies quoted in Pink Quote tend to be closely held, extremely small and/or thinly traded. Most do not meet the minimum listing requirements for trading on a national securities exchange, such as the New York Stock Exchange or the Nasdaq Stock Market. Many of these companies do not file periodic reports or audited financial statements with the SEC, making it very difficult for investors to find reliable, unbiased information about those companies. For all of these reasons, companies quoted in Pink Quote can be among the most risky investments. That's why you should take extra care to thoroughly research any company quoted exclusively in the Pink Quote. Be aware that some broker-dealers are required by Rule 15c2-11 under the 1934 Act to have some information about the issuer. Ask your broker-dealer whether it has any Rule 15c2-11 information before you invest.

http://www.sec.gov/answers/pink.htm


================================================================

Rule 15C211

Under SEC Rule 15C211, a U.S. securities broker or dealer may not publish a quotation for any security unless certain information concerning the issuer is available and the broker or dealer has a reasonable basis for believing that the information is accurate. The information requirement is satisfied, in simple terms, if:

1) a Securities Act registration statement (F-6, F-1) has been filed within the last 90 days,

2) the issuer is complying with filing requirements and has in its records the issuer's most recent annual report,

4) the issuer is complying with Rule 12g3-2(b),

5) the broker or dealer has on record information relating to the issuer, its securities, its business, products and facilities. Management information, financial statements of the issuer and certain other data must also be on record.

Form 15C211, also known as Form 211, refers to the specific filing form a broker/dealer must provide containing the information necessary to publish a quotation on the company.

http://ezinearticles.com/?What-is-Rule-15c211-and-Reverse-Merger&id=43980

================================================================

Market makers are stock brokerage firms which are members of FINRA, formerly the NASD. Market makers give quotes on buy and sell prices for financial stocks and commodities, making a profit on the bid/offer spread. Market makers are compensated by providing liquidity in the market. Market makers use rule 15c211, in that a 15c211 is filed for them to trade any given security.

================================================================

They now require that prior to publication of an unsolicited quote in the Pink Sheets for such securities the broker must ascertain that the issuer has made adequate current information publicly available on the pink sheets website. The disclosure policy has been a good attempt at creating transparency of the basic information that investors trading in public markets deserve.

http://www.moneyextra.com/uk/pink-sheets-discover-disclosure/

================================================================

http://www.otcbb.com/aboutotcbb/forms/form211.pdf