Financial institutions and other clients who need to comply with the Financial Industry Regulatory Authority (FINRA) rules and regulations should be aware of upcoming changes to its Corporate Actions Management Platform.
Introduction to the New Corporate Actions Management Platform
FINRA is introducing a new system for ADR dep
Category: FINRA Compliance
In September 2020, the SEC amended Rule 15c2-11 to enhance the OTC Market's efficiency and facilitate capital formation for issuers. We published an article outlining all the details here.
OTC Markets lists a significant 11,000 stocks not listed on national exchanges. The market caters to almost all kinds of industries and co
The OTC Markets group recently implemented several amendments regarding the initial qualification process for the OTCQX that became effective June 13, 2016. These rules will affect companies who are performing an IPO while attempting to join OTCQX. These amendments also apply to companies that have not had a prior public market