On September 28, 2021, the SEC’s amendments to Rule 15c2-11 (“Rule 211”) will alter the regulatory landscape and allow us to bring greater organization to the OTC market. The latest amendments recognize our operating model as a blueprint for market organization and reinforce the importance of providing transparency to the markets.
OTC Markets Group Executive Vice President of Corporate Services Jason Paltrowitz and General Counsel, Dan Zinn recently sat down to discuss some of the key changes related to Rule 211 and how these changes will impact investors. In this video, they address some of the frequently asked questions related to securities quoted on our markets:
- What is Rule 15c2-11 and how does it impact investors?
- How will the amendments change the way Rule 211 works?
- From an investor perspective, what changes will occur when the September deadline goes into effect?
- What should a company do to ensure that their investors continue to see current information for their security?
- What happens to companies that fail to provide current information by the September 28th deadline? What will the impact be for retail investors?
- What role does the “Expert Market” play?
- Why has the SEC chosen to amend this Rule?
Please click here to watch the video:
