TSXV:MRS.H - Post by User
Comment by
jammo71on Jan 19, 2021 2:24pm
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Post# 32327968
RE:RE:RE:RE:IIROC....HONESTLY?????
RE:RE:RE:RE:IIROC....HONESTLY?????jammo71 wrote: Hockeynut2 wrote:
IIROC can halt the company at any time and ask management if they have an explanation for the unusual price action and volume. It's actually a pretty common occurence in situations like this. GLTA
I agree that they publish halt announcements, but they don't govern a company's decision making ability. Again, unless their mandate has changed.
To clarify, IIROC will perform surveillance and if k it's warranted they can coordinate a halt with the relevant securities regulator.
So technically they can't halt but they can initiate amd coordinate a halt. So probably splitting hairs.
in any event I would've thought this kind of crucify would trigger a circuit breaker stop at least.