Replies to post #383 on Galaxy Resources Ltd. (fka GALXF)

[balihi]

The FINRA rules dictate this.....Trade Halts

Are there trade halts in OTC Equity Securities?
Pursuant to FINRA Rule 6440, in circumstances in which it is necessary to protect investors and the public interest, FINRA may direct members to halt trading and quotations in OTC Equity Securities (as such term is defined in Rule 6420) if:
the OTC Equity Security or the security underlying an American Depository Receipt ("ADR") that is an OTC Equity Security ("OTC ADR") is listed on or registered with a foreign securities exchange or market, and the foreign securities exchange, market, or regulatory authority overseeing such issuer, exchange, or market, halts trading in such security for regulatory reasons because of public interest concerns ("Foreign Regulatory Halt"); provided, however, that FINRA will not impose a trading and quotation halt if the Foreign Regulatory Halt was imposed solely for material news, a regulatory filing deficiency, or operational reasons;
- See more at: http://www.finra.org/industry/faq-otcbb-frequently-asked-questions#sthash.ISGzYaCH.dpuf