OTCBB Forms & Documentation
FINRA has adopted a new electronic Form 211 for purposes of compliance with FINRA Rule 6432 (Compliance with the Information Requirements of SEA Rule 15c2-11). Firms must begin using the electronic Form 211 in place of the current paper form beginning on October 23, 2017, but may voluntarily begin using the electronic Form 211 beginning on September 11, 2017. In order to access the form in Firm Gateway, firm users must ask their Super Account Administrator (SAA) to provide them with either Submit or Read-Only entitlement.
If you have questions regarding the electronic Form 211, please call the OTC Compliance Unit at (240) 386-5100. For assistance with entitlements, contact the FINRA Gateway Call Center at (800) 321-6273.
- Access the electronic form. Users will need to log into Firm Gateway, click on the Forms and Filings tab at the top of the page and select Form 211.
- Access the paper form.
Market Makers must complete this form to initiate or resume quotations in a non-exchange listed security on a quotation medium. By completing this form, a market maker is representing that it has satisfied all applicable requirements of Securities Exchange Act (SEA) Rule 15c2-11 and the filing and information requirements of FINRA Rule 6432. It is not necessary to file this application if an exemption applies.
- Rule Filing: Proposed Rule Change to Implement a New Electronic Form 211
- Regulatory Notice 17-26: FINRA Adopts New Electronic Form 211 for Purposes of Compliance with FINRA Rule 6432
Rule 15c2-11 Exemption Request Form
- 15c2-11 Exemption Request Form - "Piggyback Exemption" (PDF 38 KB)
An exemption from the filing of a Form 211 is available to market makers when they are moving from another quotation medium into the OTCBB. The 5 principle conditions which must be satisfied in order to use this exception are described in the Rule 15c2-11 Exemptions.