China Growth Stocks

[Shinisaurus]

OTCBB Delisting and rule 15c2-11

One possible reason for the mass Bulletin Board delistings in the past week is that a large broker-dealer acting as the sole market maker for a number of stocks completely withdrew from the OTCBB, leaving hundreds of stocks, like this one, with no market maker and sending them to the OTC Markets four days later. This is difficult to prove, but a similar situation happened last year when major broker-dealer Knight Equity Markets stopped quoting securities on the phone-based, fee-laden OTCBB and switched primarily to the no-fee, electronic OTC Link.

http://blog.redchip.com/index.php/stocks/otcbb-delistings-and-rule-15c2-11-what-happened

Interesting theory