Law Blog Category: Pinksheets

OTC Markets Amends Listing Standards For OTCQB To Include Regulation A+ Issuers

SEC Suspends Trading On 128 OTC Markets Companies

FINRA Seeks to Eliminate the OTCBB and Impose Regulations on the OTC Markets

OTCQX Listing and Quotation Eligibility and Requirements for U.S. Companies

OTC Markets has Modified its OTCQB Eligibility Criteria Effective May 1, 2014

SEC Updates May Benefit Equity Line Financing Providers and Issuers

OTC Market Group Has Modified Its Alternative Reporting Standard

The OTCQX And OTCQB Are Finally Recognized As “Established Public Markets” By The SEC

OTC Market Groups Has Modified Its Alternative Reporting Standard Effective January 3, 2013

An Update On Dealing With The DTC Following The SEC’s Ruling On International Power Group, Ltd.

Back in October and November of 2011, I wrote a series of blogs regarding DTC eligibility for OTC (over-the-counter) Issuers. OTC Issuers include all companies, whose securities trade on the over-the-counter market, including the OTCBB, OTCQB and pinksheets. Many OTC Issuers have faced a “DTC chill” without understanding what it is, let alone how to correct the problem. In technical terms, a DTC chill is the suspension of certain DTC services with respect to an Issuer’s securities. Those services can be book-entry clearing and settlement services, deposit services or withdrawal services. A chill can pertain to one or all of these services. In the case of a chill on all services, the term of art is a “global lock.”

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