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Re: BigBake1 post# 63433

Tuesday, 09/25/2012 1:26:05 PM

Tuesday, September 25, 2012 1:26:05 PM

Post# of 97615
Excellent post by BigBake1:


BigBake1 Tuesday, September 25, 2012 12:56:41 PM
Re: kfa670 post# 63428 Post # of 63463

How many times must it be pointed out they were an exchange listed security sent to the OTC? It doesn't matter how long they were on the OTC before the suspension, the vetting process is different for an exchange listed security due to prior 15c-211 compliance and not being vetted on the OTC but an actual exchange.

Many exchange listed securities fail and are sent to the OTC and the greys for that matter and the vetting process is much easier due to the prior exchange listing.