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What are DTC chills and locks, and how can they affect me?

by Janice Shell On 18 July, 2013, DTC slapped a global lock on Biozoom, Inc (BIZM), though it didn't get round to informing the public by putting a notice on its website until after the close on the next day.  Several brokerages did, however, hear about...

The SEC just suspended my stock! Now what?

       It happens to almost all penny players.  One morning you wake up, grab some coffee, and start checking your stocks, especially that very volatile issue that's been running big.  Pre-market Level II is looking good.  If all goes well, perhaps today will be the...

An introduction to SEC filings – Part II

     Once a private company files a registration statement with the SEC and completes the requirements for an exchange listing, it may list on a national exchange if it meets the exchange's requirements.  If it doesn't qualify, it may become eligible to trade on OTCMarkets'...

An introduction to SEC filings – Part I

  Until the Securities Act of 1933 was passed by Congress, public companies had no official obligations to their investors or to the general public.  If they wished, they could publish and distribute periodic reports containing information about themselves, but there was no oversight by the...

OTC Stocks vs Exchange Listed Issues, Big Boards

OTC Stocks vs Exchange Listed Issues, Big Boards Some investors have only exchange-listed issues in their portfolios; no doubt many of them still use full-service brokerages.  That's how their parents did it.  But more and more people looking to the markets to supplement income and save...