Law Blog Tag: Encouraging Capital Markets
OTC Markets Issues Comment Letters On FINRA Rules 6432 And 5250; The 15c2-11 Rules
March 20, 2018 in 15c2-11 Application, Broker Dealer Registration Requirements, FINRA, FINRA Compliance, FINRA Rules, OTC Market, OTC Markets Listing Requirements, OTC Pink, OTC Pink Listing Requirements, OTCQB, OTCQB Listing Requirements, OTCQX, OTCQX Listing Requirements
January 8, 2018, OTC Markets Group, Inc. (“OTC Markets”) submitted a comment letter to FINRA related to FINRA Rule 6432. Rule 6432 requires that a market maker or broker-dealer have the information specified in Securities Exchange Act Rule 15c2-11 before making a quotation in a security on the over-the-counter market. Although I summarize the salient Read the full article…