Replies to post #136303 on JB and ZJMY Holding Co (JBZY)

[High_Profits]

$DOLV FINRA APPROVED Buy any DIPS $1s coming $TSLA Many Small EV CARS BIG EV REVENUES AND PROFITS

[Hawk-02]

How many times are we going to hear this tired nonsense?

[surfkast]

FINRA name and ticker changes are really no big deal. But in some cases they can cause the SEC to take a harder look at the involved company.


SEC Trading Suspensions to Protect Investors
The Securities and Exchange Commission (SEC) is authorized under federal law to suspend trading in any stock for a period of up to 10 business days. The SEC issues a suspension when it believes that the investing public may be at risk. Many factors influence the SEC’s decision. A very important one is a company’s failure to keep up the required filing of periodic reports—such as annual and quarterly reports—that provide the public with information about the company’s business, corporate outlook and financial performance to date. Another factor is the quality of the publicly available information, particularly if it appears to be inaccurate. The SEC will also consider the trading activity in a stock, evaluating who is actively trading and whether market manipulation may be taking place.

Once the SEC decides to suspend trading, it will issue an order of suspension and announce the reasons(s) for its decision and the actual dates. If the reason is a lack of current information, the SEC will state when the company last filed public reports. This information provides an indication of how stale available information is. Current and past trading suspensions are available on the SEC’s website.