Regulatory Notice 18-32

FINRA Reminds Firms of Their Obligations Regarding Transactions in OTC Equity Securities Quoted Pursuant to a Submitted Form 211

Summary

In consultation with SEC staff, FINRA is reminding members of legal obligations that apply when initiating a quote in an OTC security in addition to filing a Form 211.

Questions regarding this Notice should be directed to:

  • Yvonne Huber, Vice President, Market Regulation (MR), at (240) 386-5034 or by email;
  • Sewall Lee, Director, MR, at (240) 386-6054 or by email; or
  • for legal and interpretive questions, Racquel Russell, Associate General Counsel, Office of General Counsel, at (202) 728-8363 or by email; or Cara Bain, Counsel, OGC, at (202) 728-8852 or by email.