That last SEC thingy went after shell status? I don't know why. AESO is still showing a Shell risk. Unsolicited quotes only. We won't know what's behind any order on the spread. Instead of helping retail share holders, it put up a curtain for abuse from diluting CEO POSs. MMs love the rule. And it's why OTC is so damn slow to remove it.
I'm not sure what the risk is, I only deal in shells on the OTC. I got that education many years ago. A shell getting cleaned up is pure gold. They hate R/Ms they want everything to go through an IPO process. $$$ and time suck.
Looks like we got a few fighting over the BID. Move it on up
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