TSXV:RBI.H - Post by User
Comment by
Foreignon Jun 06, 2018 8:27am
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Post# 28130774
RE:HALTTTTTTTTTT
RE:HALTTTTTTTTTTI see the reason for the halt as "Cease Trade Order". I found this below about CTOs. I'm a newbie investor. Anyone help me with this?
The OSC may issue a CTO against a company for a number of reasons including: - if it files a disclosure document, such as annual financial statements, late - or not at all;
- if we find that a document contains a significant deficiency; or
- if, after holding a hearing, the OSC determines it is in the public interest to do so.
In addition, when the length of time required to conduct a hearing could be harmful to the public interest, the OSC can issue a temporary CTO until the hearing is concluded.