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DJ Ponder

01/02/18 3:19 PM

#56642 RE: tassp #56633

Repeating it doesnt make it any closer to being factual.

TAKE NOTE AND STOP DISTRIBUTING BOGUS INFO.

Be Wary of Announcements Regarding FINRA "Approval" of a Corporate Action

Companies undergoing a corporate action often issue a press release or other communication, such as a tweet or other social media post, to provide details of the change. For instance, a company might announce a new corporate name that reflects a change in product lines or business focus. However, in the past, some companies have used these publications to suggest that FINRA has somehow "approved" a corporate action or that a corporate action will be effective once FINRA approves it. To clarify, this is not the case: FINRA does not approve corporate actions.


TRADERS TAKE NOTE !