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Re: newair post# 218

Saturday, 08/20/2005 5:52:42 AM

Saturday, August 20, 2005 5:52:42 AM

Post# of 535
"211 Exceptions
Before an equity issue can be quoted, a market maker should first determine if it is eligible for one of the following exceptions under SEC Rule 15c2-11:


The security is piggyback eligible. A security becomes piggyback eligible when it has been quoted on the Pink Sheets by at least one market maker for a minimum of 30 days. Piggy back eligible securities are identified on pinksheets.com with the text "Piggyback Qualified" and on the OTC Dealer as "PBQ"."

http://www.pinksheets.com/otcguide/brokers_index.jsp

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