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 companies in all phases.
Effective December 12, 2019, the OTCQX rules to list and maintain a company on the OTCQX have been modified. The OTCQX listing holds the highest level of entry compared to its kinship with other market tiers on OTC Markets, and inherently has “high standards”. By complying to these recent changes, issuers can still remain on
Is your company is considering a public offering? Does it plan to trade on an over the counter (OTC) market? If so, you may consider a Regulation A+ (Reg A+) IPO. Reg A+ IPOs are relatively new, streamlined, micro-IPO’s. They are different from traditional IPOs in that they are size-restricted, and have fewer regulations. There
On November 7th, the OTC Markets Group released a new stock promotion policy. This policy aims to improve the overall market transparency for investors, while addressing the issue of misleading, manipulative, or fraudulent stock promotion. Market Transparency and Fraudulent Promotional Campaigns The wide use of digital media has allowed companies to interact and reach investors
OTC Markets recently announced that OTCQX companies that currently utilize the Alternative Reporting Standard (ARS) may be eligible to trade via the OTCQB Venture Market if they meet a certain temporary exemption beginning on May 18, 2017. These companies will be eligible if they do not meet the new higher OTCQX financial standards and eligibility.