Law Blog Category: Pinksheets
OTC Markets Amends Listing Standards For OTCQB To Include Regulation A+ Issuers
FINRA Seeks to Eliminate the OTCBB and Impose Regulations on the OTC Markets
October 28, 2014 in FINRA, FINRA Compliance, OTC Market, OTCBB, OTCQB, OTCQB and OTCQX, OTCQX, Pinksheets, Uncategorized
OTCQX Listing and Quotation Eligibility and Requirements for U.S. Companies
OTC Markets has Modified its OTCQB Eligibility Criteria Effective May 1, 2014
April 01, 2014 in OTC Market, OTCBB, OTCQB and OTCQX, OTCQX, Pinksheets, SEC Rule 15c2-11, Uncategorized
SEC Updates May Benefit Equity Line Financing Providers and Issuers
August 13, 2013 in OTC Market, OTCBB, OTCQB, OTCQB and OTCQX, OTCQX, Pinksheets, Private Investment in Public Equity (PIPE), S-1 Registration Statement, Securities Attorneys
OTC Market Group Has Modified Its Alternative Reporting Standard
June 11, 2013 in 15c2-11 Application, OTC Market, OTCBB, OTCQB and OTCQX, OTCQX, Pinksheets, SEC Rule 15c2-11, Securities Attorneys
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
January 04, 2013 in 15c2-11 Application, OTC Market, OTCBB, Pinksheets, SEC Rule 15c2-11, Securities Attorneys, Small Cap Market
An Update On Dealing With The DTC Following The SEC’s Ruling On International Power Group, Ltd.
December 06, 2012 in Broker-Dealer, Depository Trust Company (DTC), DTC Chill, DTC Eligibility, OTC Market, OTCBB, OTCQB and OTCQX, Pinksheets, Securities Attorneys
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.”