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StarToSteerBy

11/07/13 1:32 PM

#89063 RE: blindman28 #89061

I think only temporarily delayed it.
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powerbattles

11/07/13 1:39 PM

#89065 RE: blindman28 #89061

Yes this piss me off. WTF> don't they have any kind of back up system or something to prevent it happen again? This is a major F/U and now we don't know when it will be back again.

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powerbattles

11/07/13 1:40 PM

#89066 RE: blindman28 #89061

Finra Rule 6440(b)(3) to provide that for halts as a result of an Extraordinary Event Halt, trading and quotations in the OTC market for the OTC Equity Security may resume when FINRA determines that the basis for the halt no longer exists, or when 10 business days have elapsed from the date FINRA initiated the trading and quotation halt in the security, whichever occurs first. In addition, FINRA will be permitted to extend the Extraordinary Event Halt for subsequent periods of up to 10 business days each if, at the time of any extension, FINRA finds that the extraordinary event is ongoing and determines that the continuation of the halt beyond the prior 10 business day period is necessary in the public interest and for the protection of investors, particularly in situations where concerns regarding settlement and clearance, pricing, or other extraordinary events can take time to be resolved. These durational changes will improve the production of fair and informative quotations and prevent fictitious or misleading quotations.