During the cc, Joe said finra hasn’t asked anyth
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Posted On: 01/23/2020 11:48:31 AM
During the cc, Joe said finra hasn’t asked anything about illegal selling and he does not think finra’s approval has anything to do with illegal selling...SEC deals with illegal selling not finra.
I just called finra and asked them what’s the timeframe for stock dividend approval, and I was told that it is normal to take 1 to 2 months for that to be approved. Finra mainly just look for all the necessary approval from the company for the dividend...and sometimes the company needs to file some paperwork with the state...and as long as the company provides the documents requested, there’s no reason for finra to not approve...so all seem to be just administrative to me.
I just called finra and asked them what’s the timeframe for stock dividend approval, and I was told that it is normal to take 1 to 2 months for that to be approved. Finra mainly just look for all the necessary approval from the company for the dividend...and sometimes the company needs to file some paperwork with the state...and as long as the company provides the documents requested, there’s no reason for finra to not approve...so all seem to be just administrative to me.
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