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CaoPanShou

11/09/21 6:42 PM

#23932 RE: FatedFish #23931

Yes, them getting pink/current was important.
New rules simply state any company who doesn't keep their records up to date in a very public manner will be dropped from electronic quoting, which means no retail market.
While not the only way, the obvious way is to either be current with SEC or OTC(or both)
This eliminates the zombie tickers so easily used for scams. Now the scams have to be better funded to stay alive.
A lot of tickers got booted in Sept. and a lot of people got burned. I suspect many left the market.