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New Case Study: Resuming Trading Following a Trading Suspension

New Case Study:  Resuming Trading Following a Trading Suspension Coral Capital Advisors has published a new Case Study: Case Study # 10:  Case Study #10:  Resuming Trading on the OTC Following a Trading Halt In this Case Study we take…

DTC Physical Securities Processing Update

DTC Physical Securities Processing Update Here is where we are at with DTC Physical Securities Processing. DTC has been changing its position on physical securities processing faster than we were able to post updates.  On April 8th, 2020 DTC announced…

DTC to Resume Physical Certificate Processing

DTC to Resume Physical Certificate Processing DTC announced late Wednesday March 26th, that it was set to resume physical certificate processing on Monday March 30th.  On Friday March 20th, DTC announced it was suspending physical certificate processing due to the…

DTC Suspends Physical Certificate Processing Due to COVID 19

DTC Suspends Physical Certificate Processing Due to COVID 19 A quick note to everyone concerning physical certificate processing by DTC.  We received the following notice from DTC after the market closed on Friday March 20th, 2019.  DTC is suspending physical…

Questions in Request for Comments on Changes to Rule 15c2-11

Questions in Request for Comments on Changes to Rule 15c2-11 A couple of weeks ago, we published an article announcing the Securities and Exchange Commission (SEC) had officially published proposed changes to Rule 15c2-11.  Officially tiled “Publication or Submission of…

Initial Statement on Proposed Changes to Rule 15c2-11

Coral’s Initial Statement on Proposed Changes to Rule 15c2-11 A couple of weeks ago, we published an article announcing the Securities and Exchange Commission (SEC) had officially published proposed changes changes to Rule 15c2-11.  Officially tiled “Publication or Submission of…

The SEC’s Proposed Changes to Rule 15c2-11

The SEC’s Proposed Changes to Rule 15c2-11 The Securities and Exchange Commission (SEC) published on September 25th its proposed changes to Rule 15c2-11.  Officially tiled “Publication or Submission of Quotation Without Specified Information.”  A version of the proposed changes to…

Resolving a NASDAQ Trading Halt Due to a Lack of DTC Eligibility

Resolving a NASDAQ Trading Halt Due to a Lack of DTC Eligibility It is a common misperception that if a company applies for an exchange listing that it is automatically DTC Eligible upon approval for trading the exchange.  This is…

Gifting of Shares – Do Not Do It !

The gifting of shares of stock prior to taking a small cap company public can seem like a good idea. However, in reality it causes significant problems that can easily be avoided. In this blog post we take a look at those issues and how they can easily be avoided.

FINRA Adopts New Electronic Form 211

FINRA recently published Regulatory Notice 17-26, mandating the use of the electronic Form 211. Beginning on October 23rd, 2017, firms must begin using the electronic Form 211, instead of the current paper submissions. What this does is effectively eliminate the current process of submitting the information required pursuant to SEA Rule 15c2-11 by way of a paper submission.