Posted On: 04/09/2016 11:52:46 AM
Post# of 11107
Re: igotgame2star #10984
It's all up to mm's. nothing here game.
Can companies get "delisted" from the OTCQX, OTCQB and OTC Pink marketplaces?
The only way to remove a company from the OTCQX, OTCQB and OTC Pink marketplaces is for all of the broker-dealers to stop quoting it. Companies are required to contact FINRA Operations if their securities no longer exist, but are still being quoted. FINRA will investigate and, if appropriate, eliminate the trading symbol and inform OTC Markets Group that they have done so. OTC Markets Group will then remove the quotations in this security.
I have always understood that a stock can trade on skull and crossbones for one year before delisting.
Can companies get "delisted" from the OTCQX, OTCQB and OTC Pink marketplaces?
The only way to remove a company from the OTCQX, OTCQB and OTC Pink marketplaces is for all of the broker-dealers to stop quoting it. Companies are required to contact FINRA Operations if their securities no longer exist, but are still being quoted. FINRA will investigate and, if appropriate, eliminate the trading symbol and inform OTC Markets Group that they have done so. OTC Markets Group will then remove the quotations in this security.
I have always understood that a stock can trade on skull and crossbones for one year before delisting.
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