SEC Rule 15c2-11 Restricted Securities

Discussion in 'Stocks' started by GaryBtrader, Sep 15, 2021 at 2:43 PM.

  1. TD Ameritrade published the following list on September 7th:
    https://www.tdameritrade.com/retail-en_us/resources/pdf/TDA101550.pdf

    These are securities it deems non-compliant and they are currently only accepting orders to liquidate positions. The document is 53 pages long so there are quite a few.

    When the amendment officially goes into effect on Sept 28th, finding a market for these securities may be a lot harder. According to the amendment brokers are not supposed to provide updated quotes for stocks that are on their excluded list.

    Buyer beware.