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What happens when trading in a Pink Sheet security is suspended by the SEC?

April 26, 2017happens pink sec security Sheet trading

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What happens when trading in a Pink Sheet security is suspended by the SEC?

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SEC suspensions last 10 days for OTC securities. When a security is suspended, Pink Sheets removes all market makers and their quotes from the system and displays a “Halted/Suspended” message. After 10 days, market makers may re-enter the stock if they comply with Rule 15c2-11, which requires filing a new From 211, which must include the issuers’ current financial information.