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Lowjack

10/02/12 1:41 AM

#45976 RE: Lochan #45975

Just blame it on the NITE 10,000!

OTC Equity Quotation Size

SEC Approves Amended Minimum Quotation Sizes for
OTC Equity Securities on a Pilot Basis

Effective Date: November 5, 2012

Price (Bid or Offer) Minimum Quote Size (# of shares)
$0.0001 to $0.0999 10,000
$0.10 to $0.1999 5,000
$0.20 to $0.5099 2,500
$0.51 to $0.9999 1,000
$1.00 to $174.99 100
$175.00+ 1 1



Executive Summary
The SEC approved amendments to FINRA Rule 6433 (Minimum Quotation
Size Requirements for OTC Equity Securities) to simplify the existing tier
structure, facilitate the display of customer limit orders pursuant to FINRA
Rule 6460 (Display of Customer Limit Orders), and expand the scope of
the rule to encompass quotations displayed by non-market makers. FINRA
will implement the new quotation sizes as a one-year pilot beginning on
November 5, 2012, and ending on October 31, 2013, unless extended or made
permanent.1

Questions regarding this Notice should be directed to Racquel Russell,
Assistant General Counsel, Office of General Counsel, at (202) 728-8363.

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Lowjack

10/02/12 4:17 AM

#45977 RE: Lochan #45975

I bet they make money on the spin-out of CARE. The money is there go get some.

http://www.cnbc.com/id/49252157