InvestorsHub Logo
icon url

trader53

11/30/23 4:55 PM

#19367 RE: PennyHoper #19365

WCVC - The term “Market Maker”



___________________________________________


(38) The term “market maker

means any specialist permitted to act as a dealer,

any dealer acting in the capacity of block positioner,


and any dealer who,
with respect to a security,
holds himself out


(by entering quotations in an inter-dealer communications system or otherwise)

as being willing to buy and sell such security
for his own account
on a regular or continuous basis.



FINRA / SEC Rules
https://www.otcmarkets.com/learn/finra-sec-rules

Rule 3a38 — Definition of 'Market Maker'

https://www.govinfo.gov/content/pkg/USCODE-2010-title15/html/USCODE-2010-title15-chap2B-sec78c.htm

____________________________________________________________


Market Makers - set the quote

https://tavaga.com/tavagapedia/market-maker/#:~:text=A%20market%20maker%20is%20a%20market%20participant%2C%20which,the%20market.%20They%20are%20called%20dealers%20as%20well.


____________________________________________________________

*** I may need to consider getting a New Brokerage Firm

_______________________________________________