An Update On Dealing With The DTC Following The SEC’s Ruling On International...
Background 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...
View ArticleNASDAQ TO ACQUIRE SHAREPOST AND CREATE THE NASDAQ PRIVATE EXCHANGE
NASDAQ acquires Sharepost On Wednesday March 6, 2013, NASDAQ surprised the small cap and investment community when it announced it is acquiring Sharepost’s private company market place (PCMP) exchange...
View ArticleTHE OTCQX AND OTCQB ARE FINALLY RECOGNIZED AS “ESTABLISHED PUBLIC MARKETS” BY...
Back in October 2010 I wrote a blog titled “Has the OTCBB been replaced by the OTCQX and OTCQB”; at the time and up until May 16, 2013, my opinion was “yes” with one big caveat. Prior to May 16, 2013,...
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Penny Stock Rules And Broker Dealers
In last week’s blog regarding FINRA’s request to eliminate the OTC Bulletin Board quotation service (OTCBB) and to adopt rules relating to the quotation requirements for OTC equity services by...
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SEC Announces Examination Priorities For 2015; Focus On Transfer Agents,...
On January 13, 2015, the SEC published its Office of Compliance Inspections and Examinations (OCIE) priorities for 2015. The OCIE examines and reviews a wide variety of financial institutions,...
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SEC Proposes Broadening Of Broker-Dealer Registration Rules To Include...
On March 25, 2015, the SEC proposed rule amendments to require high-frequency and off-exchange traders to become members of FINRA. The amendments would increase regulatory oversight over these...
View ArticleFINRA Proposes New Category Of Broker-Dealer For “Capital Acquisition Brokers”
In December, 2015, FINRA proposed rules for a whole new category of broker-dealer, called “Capital Acquisition Brokers” (“CABs”), which limit their business to corporate financing transactions. In...
View ArticleDigital Asset Securities – Progress For Broker Dealers
In December 2020, the SEC issued a statement and request for comment regarding the custody of digital asset securities by broker-dealers. The Statement and request for comment sets forth suggestions...
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