Replies to post #59450 on Integrated Cannabis Solutions Inc (IGPK)

[awesomed007]

How many otc listed have done RS in last year vs. Nasdaq listed served with a delinquency notice, trading under $1 for many weeks, whom have to do it? Nobody on this board seems to know.

My pint is that probably almost no otcs in last year have RS, most Nasdaq.

Can someone post RS completed lists for both otc and Nasdaq on 2023? Let’s add up totals and percentages and have the discussion 😉

[Brucebannerr]

Totaly clueless . Finra processes all corporate actions . Name change , mergers , splits . Read it real slow and try and comprehend.
In furtherance of FINRA's obligations to foster cooperation and coordination of the clearing, settling and processing of transactions in equity and debt securities of any issuer with a class of publicly traded, non-exchange listed, securities in the OTC market and, in general, to protect investors and the public interest, FINRA's Operations Department ("Department") reviews and processes documents related to announcements for SEA Rule 10b-17 Actions and Other Company-Related Actions to facilitate the orderly trading and settlement of OTC securities.
The Department may request such additional information or documentation as may be necessary for the Department to review the request to process documentation related to an SEA Rule 10b-17 Action or Other Company-Related Action and verify the accuracy of the information submitted.
In circumstances where an SEA Rule 10b-17 Action or Other Company-Related Action is deemed deficient, the Department may determine that it is necessary for the protection of investors, the public interest and to maintain fair and orderly markets, that documentation related to such SEA Rule 10b-17 Action or Other Company-Related Action will not be processed.
https://www.finra.org/rules-guidance/rulebooks/finra-rules/6490