Category: FINRA

Is the OTC Pink Tier Easy to Get Onto?
  • Admin
  • Nov 15, 2023
Entering the OTC Pink Tier is not as straightforward as it might seem. For many companies, especially smaller startups, the Pink Tier represents an attractive option due to its relatively relaxed regu....
An Overview of Upcoming Changes To FINRA’S Corporate Action Notification Process
  • Admin
  • May 16, 2023
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 ....
SEC Adopts Final Rule to Amend 15c2-11 and Listing Standards for OTC Non-Reporting and Shell Companies
  • Admin
  • Sep 22, 2020
On Sept. 16, 2020, the SEC adopted amendments to Exchange Act Rule 15c2-11 directing broker-dealers not to publish security quotations in the absence of issuer's current information, subject to certai....
Five Examination Priorities of The SEC Office of Compliance Inspections and Examinations
  • Eric Mellmer
  • Mar 13, 2018
On February 7, 2018, the Securities and Exchange Commission’s Office of Compliance Inspections and Examinations (OCIE) announced its annual examination priorities for 2018. The OCIE desires to ensur....
FINRA Aims to Change Three Financial Rules
  • Eric Mellmer
  • Jun 05, 2017
On April 12, 2017, the Financial Industry Regulatory Authority (FINRA) published three regulatory notices proposing amendments to three of their rules regarding capital formation, corporate financing,....
DTC Rule Change SR-DTC 2016-003: Deposit Chills and Global Locks
  • Shelby Wayment
  • Dec 29, 2016
The Depository Trust Company (DTC) is proposing a new Rule 33, which would establish new circumstances under which the DTC would be allowed to release a Deposit Chill or Global Lock, in addition to th....
IEX – A New National Stock Exchange
  • Admin
  • Jul 29, 2016
On June 17, 2016 the SEC approved IEX as a national stock exchange. The approval marks the first time since July 2013 that the SEC has sanctioned a new trading exchange. What is IEX? IEX stands for ....
OTCQX Rules Release Number 11
  • Shelby Wayment
  • Jul 27, 2016
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 p....
Funding Portal Guide for Title III Equity Crowdfunding
  • Dan Carter
  • May 03, 2016
In order to operate, a crowdfunding service intermediary is required to register with the Securities and Exchange Commission (SEC) either as a broker or funding portal. Funding portals are designed to....
H.R. 2187 – Fair Investment Opportunities for Professional Experts Act
  • Shelby Wayment
  • Apr 27, 2016
This act, if approved by the senate and the President, will direct the SEC to revise its previous regulations regarding the qualifications of natural persons as accredited investors. This act amends S....
Corporate Action Changes: FINRA Rule 6490
  • Admin
  • Sep 27, 2010
The Financial Industry Regulatory Authority, or FINRA, made key changes in the way corporate actions are handled this past year, including eliminating time-consuming paperwork and adding issuer fees f....