Over-the-Counter (OTC) Markets Compliance
Understanding this Important Business Process
We offer FINRA-related legal advice to small public companies that trade
on the over the counter market. We understand the need for due-diligence
as businesses must deal with a fluid and constantly changing regulatory
environment at the OTC stock exchange. We stay current with all related
matters so that our clients may get quick and dependable legal advice
as and when they need it.
When public companies just get started in their securities trading, they
usually start in over-the-counter (OTC) markets. While companies that
are traded on OTC markets are not held to the same stringent standards
required by the major exchanges, they do still need to follow various
requirements in order to remain in compliance.
The wise choice to make as a business owner that will be involved with
OTC markets compliance issues is to seek the professional counsel of a
securities attorney from the Securities Compliance Group as soon as possible.
With our assistance, you can be sure that you are making the right choices,
not only for the future of your company but also to avoid any legal issues.
Contact us to speak to one of our experienced attorneys to get started.
Avoiding Complicated Issues with Sound Legal Advice
In order to trade on an OTC market, a company needs to start reporting
to the U.S. Securities and Exchange Commission (SEC), which involves filing
quarterly and annual reports on the government entity's required timeline.
The company must then have a broker – also known as a market maker
– file a form with the Financial Industry Regulatory Authority (FINRA)
that requests a ticker symbol for the company. In this step, the broker
must use Form 211.
Our securities compliance lawyer at
Securities Compliance Group can assist with various OTC compliance issues, which include (but are
not limited to) the following:
- OTC markets reporting
- Securing a ticker symbol through FINRA Rule 211
- Getting a ticker symbol changed
- General FINRA compliance issues
- Microcap securities
- Stock splits
- Depository Trust Company (DTC) eligibility
Contact Securities Compliance Group Today for Professional Guidance
You can turn to our law firm for assistance with various types of securities and
Adam S. Tracy is a securities compliance lawyer and capital markets consultant who draws
from valuable business experience. He has passed the FINRA Series 7 and
63 exams for securities industry professionals, and he has been admitted
to practice law in both state and federal courts. Let this highly skilled
securities lawyer address your OTC markets compliance needs.
Contact us today so we can provide the necessary guidance for you and your company!