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chemist72

11/29/23 4:39 PM

#17517 RE: tothe #17514

OTCMarket's definition of PQE is as follows:

Indicates that a stock is eligible for proprietary broker-dealer quotations under SEC Rule 15c2-11, either because it has been the subject of a completed Initial Review or because the stock meets the conditions for an exemption such as the Piggyback Exemption or the Large Company Exemption, also known as the ADTV and Asset Test Exemption. Securities that are PQE may also have broker-dealer quotes representing unsolicited customer orders.


https://www.otcmarkets.com/glossary

On the OTC, PQE is defined as "Proprietary Quote Eligible".

Can be found at the same link as above.

All OTCQX and OTCQB securities must be PQE. Pink Current and Pink Limited securities may be either PQE or UNS only (Unsolicited Quotes Only).

See the OTC chart linked below:
https://www.otcmarkets.com/files/15c2-11%20Tier%20Chart.pdf