Fortress Financial Group fka FFGO

[SevenTenEleven]

FINRA's Publicly Available Documentation which should not be ignored!

SEC Approves New FINRA Rule Relating to the Processing of and Fees for Company-Related Actions for Non-Exchange-Listed Securities

Effective Date: September 27, 2010

Executive Summary

Effective September 27, 2010, new FINRA Rule 6490 (Processing of Company-Related Actions) codifies the requirements in SEA Rule 10b-17 for issuers of a class of publicly trading securities to provide timely notice to FINRA of certain corporate actions (e.g., dividend or other distribution of cash or securities, stock split or reverse split, rights or subscription offering). Issuers must also provide timely notification to FINRA of certain other specified corporate actions. The rule clarifies the scope of FINRA’s regulatory authority and discretionary power when processing documents related to announcements for company-related actions for non-exchange- listed equity and debt securities, and implements fees for these services.1 Issuers must complete the necessary forms and pay the applicable fees within the required time periods or they will be subject to late fees and delayed processing of documents to announce corporate actions.

1 See Securities Exchange Act (SEA) Release No. 3 62434 (July 1, 2020; 75 FR 39603 (July 9, 2010); SR-FINRA-2009-089 (Order Approving Proposed FINRA Rule 6490 (Processing of Company-Related Actions) to Clarify the Scope of FINRA’s Authority When Processing Documents Related to Announcements for Company-Related Actions for Non-Exchange Listed Securities and To Implement Fees for Such Services).

Background

Historically, FINRA has performed certain limited functions relating to the processing of non-exchange-listed issuer company actions in the over-the-counter (OTC) securities market. Specifically, FINRA reviews and processes documents related to announcements for company-related actions pursuant to SEA Rule 10b-17 (Untimely Announcements of Record Dates),2 and other company actions, including the issuance of or change to a trading symbol or company name, mergers, acquisition, dissolutions or other company control transactions, bankruptcy or liquidations. FINRA announces company-related actions pursuant to requests from issuers and their agents on its website in a document known as the “Daily List,” establishes the ex-date for distributions and dividends and adjusts the trading price of the securities where applicable.3 These functions are important to trading and settlement in the OTC marketplace and help promote investor protection and market integrity.

2 See Securities Exchange Act Rule 10b-17 (SEA Rule 10b-17).

http://www.finra.org/web/groups/industry/@ip/@reg/@notice/documents/notices/p121988.pdf

71011, you continue to ignore FINRAs publicly available documentation that proves you 100% wrong.

until you are willing to discuss the facts, there is no point in discussing this with you.

as i stated before, if you need help understanding FINRAs document, just let me know and i will be more than happy to help you. - alien42

Email them to confirm such statements.

I have, and so have others!

Looking forward to reading their CONSISTENT response. - SevenTenEleven

Good Luck!