Mar 25, 2021 · Giving effect to the SEC’s stated goals of encouraging public company disclosure, OTC Markets Group will use its Expert Market SM as a venue for broker-dealers to publish unsolicited quotes representing customer limit orders in …

Sep 14, 2023 · The Expert Market is a distinct market tier that allows broker-dealers to trade securities with regulatory and other restrictions. It has grown in response to recent amendments to SEC Rule 15c2-11. Under that rule, when companies fail to publish required current information, brokers may only publish unsolicited quotes, meaning quotes ...

With the amendments to Rule 15c2-11, the OTC Markets Group Expert Market became the platform for broker-dealers to publish unsolicited quotes of securities designated as “No Information” securities.

OTC stocks that don't meet the standards of any tier are placed in fourth and fifth categories, known as the "expert market" and "grey market." OTC stocks that haven't met the minimum transparency standard for pink markets may trade in the expert or grey markets.

Oct 5, 2021 · On September 28, 2021, more than 2,000 publicly traded companies whose shares had been quoted on OTC Markets Group’s Pink Open Market were shifted to OTC Markets’ limited “Expert Market,” where stocks are essentially suspended from official trading, for failure to make current information about the company publicly available.

This page is for discussion on OTC market trading as well as discussion relative to rule 15c2-11. Rule 15c2-11 is from 1971 and says that security issuers must have 'current information' on file, but allows the issue to continue to trade even when NO current information is on file.

Jul 16, 2021 · OTC Markets Group recently hosted a webinar to discuss the SEC’s Amendments to Rule 15c2-11 and how these changes will impact companies and their market designations as the rule goes into effect on September 28, 2021. The webinar covered key topics such as: Overview of Rule 15c2-11

Sep 9, 2021 · Examine the SEC's recent denial of the proposed OTC Expert Market and its implications for OTC Pink companies. Explore in detail the exceptions to Rule 15c2-11, and understand what the future might hold for the Expert Market.

Jul 20, 2024 · What is the OTC expert market? The OTC Export market is a private Broker/Dealer network that shields prices from the standard retail investors because the listed stocks provide no information or disclosures. Only broker-dealers and sophisticated investors are …

Aug 17, 2021 · As the compliance date for the new 15c2-11 rules looms near, on August 2, 2021, in a very short statement, the SEC shot down any near-term hope for an OTC Markets operated “expert market.”