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.