Law Blog Tag: Broker-Dealers
FINRA Proposes New Category Of Broker-Dealer For “Capital Acquisition Brokers”
January 26, 2016 in Broker Dealer Registration Requirements, Broker-Dealer, CAB, FINRA, FINRA Compliance, Uncategorized
SEC Proposes Broadening Of Broker-Dealer Registration Rules To Include Proprietary And High-Frequency Traders
May 12, 2015 in Broker Dealer Registration Requirements, Broker-Dealer, FINRA, SEC, Small Cap Market, Uncategorized
SEC Announces Examination Priorities For 2015; Focus On Transfer Agents, Investment Advisers and Broker Dealers
January 20, 2015 in Broker-Dealer, Uncategorized
The OTCQX And OTCQB Are Finally Recognized As “Established Public Markets” By The SEC
NASDAQ To Acquire Sharepost And Create The NASDAQ Private Exchange
March 11, 2013 in Broker-Dealer, Crowdfunding, JOBS ACT, JOBS ACT and Crowdfunding, NASDAQ, Regulation D, Rule 144, Rule 506
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.”