Cannot buy SIPC opening orders at Etrade and now it may be hard to even get a price with its partner in a few months. WOW SEC is sending a shot across the bow on many of these. Great for the future of the OTC, bad for the scammers and bag holders that are stuck.
GRCU CUSIP 393007208 Green Cures & Botanical Distribution Inc.
Quote:
On September 28, 2021, new amendments to Rule 15c-211 under the Securities Exchange Act of 1934
go into effect to enhance investor protection and improve issuer transparency. These amendments
restrict the ability of market makers to publish quotations for those companies that have not made
required current financial and company information available to regulators and investors.
Ahead of the regulatory enforcement date, TD Ameritrade will only accept orders to liquidate positions -
(i.e. no new buy orders) starting in mid-August 2021. Please note: After the amendment officially goes
into effect on September 28, 2021, it may be more difficult to liquidate these securities. Quoting and
market liquidity may also be very limited.
The list is below as of June 30, 2021 and is subject to change at any time.
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