Expert Market securities will be deemed “inactive” due to their violation of our broker partner’s listing criteria as of Wednesday, February 1st, 2023.
What are Expert Market securities?
Most companies quoted on OTC Markets cannot meet the minimum listing requirements for trading on a national securities exchange. This is because they do not file periodic reports or audited financial statements with the SEC, making it difficult for the public to find current, reliable information about those companies. Companies quoted on the OTC Markets are divided into four tiers, the OTCQX, the OTCQB, the OTC Pink, and the Expert Market. Companies on the Expert Market provide the lowest level of disclosure compared to other OTC Market tiers. As a result, trading is limited to only eligible investors who meet the “qualified expert” criteria and not for retail investors.
Market Expert Securities | Symbols deemed to be inactive on February 1st, 2023
What owners need to do:
You will need to liquidate all of these holdings by 3oth January, 2023; or we will auto-liquidate the positions.
For assistance, contact us at our phone number 022-4279-2153 or email us at iiflglobalsupport@stockal.com.
