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mach6555555

08/26/21 3:26 PM

#22571 RE: dealerschool2006 #22570

DRWN now has access to upload there filling to the otciq, which is a good thing!

saxonia40271

08/27/21 8:09 PM

#22578 RE: dealerschool2006 #22570

To my knowledge, no suspensions were ever intended. There won’t be any Cease Trade orders. The 15c2-11 will result in „unsolicited quotes“, which means, OTC Markets won’t display them, nor will there be any Market Maker activity. This is not to be mistaken for not being able to trade. It will reduce the securities in question to the conditions that always applied to the Expert Market and any Caveat Emptor-designated stocks. The hard part will be to find a broker that will still permit retail investors to buy. Most of them will only allow selling. This of course raises the question, who the buyers are. As far as I know, a few international brokers still allow access to these sectors. Beyond that, buying is limited to stock market professionals, which is hardly equitable access. IMO, it‘s also more patronizing than protective. It also allows the pros to pick up the freebies. Since it‘s your shirt to lose, it should also be your decision.

https://www.sec.gov/news/press-release/2020-212