Trading Halt - Going Public Lawyers

U3 Halt of SWK Holdings Explained by FINRA, and Lifted Quickly

We recently wrote about a bungled dividend distribution made by Calissio Resources Group, Inc. (CRGP) that resulted in the imposition of a U3 “extraordinary event” trading halt by the Financial Industry Regulatory Authority (“FINRA”).  The halt was lifted… Read More

FINRA Halts ALL OTC Equity Securities – Going Public Lawyers

Securities Lawyer 101  Blog On Thursday, November 7, 2013, the Financial Industry Regulatory Authority, Inc. (“FINRA”) halted trading in all OTC Equity Securities pursuant to FINRA Rule 6440(a)(3).  FINRA determined to impose a temporary halt because of a… Read More

SEC Suspends Polar Petroleum Corp. l Securities Lawyer 101

Securities Lawyer 101 Blog On June 10, 2013, the Securities and Exchange Commission (the “SEC”) suspended trading in the securities of Polar Petroleum Corp. (“POLR”), a company quoted on the OTC

FINRA Granted Authority to Initiate Quotation & Trade Halts

Securities Lawyer 101 Blog Recent SEC amendments to FINRA Rule 6440, grant authority for FINRA to initiate quotation and trade halts in OTC equity securities when it is deemed necessary to protect investors.   As amended, Rule 6440 grants… Read More