(Total Views: 807)
Posted On: 06/16/2021 12:28:31 PM
Post# of 87082
Thanks for the excellent info bspader, it is greatly appreciated!
I only have one thing to add:
The compliance deadline for OTC stocks to either become current with their filings (or stop trading) appears to be September 28, 2021 (not September 26, 2021)
https://www.jdsupra.com/legalnews/sec-adopts-...%2C%202021.
OTC Market (Microcap Stock) – Impending Rule Changes (from Interactive Brokers):
In September 2020, the SEC updated Exchange Act Rule 15c2-11 which becomes effective on September 28, 2021.
Q: What are the key dates?
A: Key dates relating to this change are as follows:
June 30, 2021 – Deadline for issuers to provide required disclosures.
September 28, 2021 – Rules compliance date. Disclosure failure will result in removal from Pink Market.
https://ibkr.info/article/3956
I only have one thing to add:
The compliance deadline for OTC stocks to either become current with their filings (or stop trading) appears to be September 28, 2021 (not September 26, 2021)
https://www.jdsupra.com/legalnews/sec-adopts-...%2C%202021.
OTC Market (Microcap Stock) – Impending Rule Changes (from Interactive Brokers):
In September 2020, the SEC updated Exchange Act Rule 15c2-11 which becomes effective on September 28, 2021.
Q: What are the key dates?
A: Key dates relating to this change are as follows:
June 30, 2021 – Deadline for issuers to provide required disclosures.
September 28, 2021 – Rules compliance date. Disclosure failure will result in removal from Pink Market.
https://ibkr.info/article/3956
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