ARTICLE
9 December 2016

Federal Register: SEC Requests Comments FINRA Proposal To Extend Tier Size Pilot For OTC Equity Securities

CW
Cadwalader, Wickersham & Taft LLP

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The SEC requested comments on an immediately effective FINRA proposal to amend FINRA Rule 6433 to extend the Tier Size Pilot Program for OTC equity securities until June 9, 2017.
United States Finance and Banking

The SEC requested comments on an immediately effective FINRA proposal to amend FINRA Rule 6433 ("Minimum Quotation Size Requirements for OTC Equity Securities") to extend the Tier Size Pilot Program for OTC equity securities until June 9, 2017. The request for comments was published in the Federal Register.

Comments on the FINRA proposal must be submitted by December 22, 2016.

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