FINRA is publishing its quarterly OTCBB/OTC Equities High Price Dissemination List for the second quarter of 2021. This updated list of OTC equity securities eligible for trade report dissemination for trades of fewer than 100 shares is effective as of October 22, 2021. To view changes, visit the Daily List: Security Attribute Changes page, select the “Unit of Trades” filter and enter October 21
Summary
The NAC has revised FINRA’s Sanction Guidelines to incorporate a new guideline for violations of the Consolidated Audit Trail System (CAT) industry member compliance rules.
The revised Sanction Guidelines are effective immediately and available on FINRA’s website.
Questions concerning this Notice should be directed to:
Alan Lawhead, Vice President and Director – Appellate Group,
Limiting the general public’s access to complex products while not limiting institutional access will greatly and unfairly benefit the richest citizens of this country, while hamstringing the middle class citizens who wish to generate income through complex products, and who do not have the means to go through institutions as middle-men. Americans should be free to choose where their money goes.
FINRA has updated the TDDS 2.0 Specification and the ORF API Specification.
The Market Center Originator value ‘u” has been redefined as “OTC Equity Security” and the Market Center Originator value of “F” has been eliminated.
Please email FINRA Product Management or call (866) 899-2107 if you have any questions regarding this notice.
