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rbtree

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rbtree

Re: wingtrade post# 18756

Wednesday, 02/06/2013 1:48:29 PM

Wednesday, February 06, 2013 1:48:29 PM

Post# of 20441
The most and best info on suspended stocks is here:

http://investorshub.advfn.com/Grey-Market-or-Grey-Sheet-Q-&-A-25608/

When a stock is suspended, it automatically loses it Rule 15c2-11 compliance--and so its MMs--immediately. After four days with no MM making a market, the stocks are delisted to the Grey Market.

The risk is that an MM who agrees to file a new Form 211 is accepting liability should any of the information contained therein turn out to be inaccurate or downright false.
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