GREY:BHNGF - Post by User
Comment by
geodcanon May 09, 2023 1:48pm
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Post# 35438958
RE:I shot off an e-mail to the CSE
RE:I shot off an e-mail to the CSEThis is the e-mail I got back!
Hi George, if the issuer has been suspended do to Cease Trade Order under the Canadian Securities Legislation for not filing the periodic Financial disclosures. Canadian Securities Administrators: 4) Effect of a CTO on market participants subject to Investment Industry Regulatory Organization of Canada regulation Presently, all marketplaces (including exchanges, alternative trading systems and quotation and trade reporting systems) in Canada have retained Investment Industry Regulatory Organization of Canada (IIROC) as their regulation services provider. Under the Universal Market Integrity Rules (UMIR), which have been adopted by IIROC, if a CSA regulator issues a CTO with respect to an issuer whose securities are traded on a marketplace, IIROC imposes a regulatory halt on trading of those securities on all marketplaces for which IIROC acts as the regulation services provider. Once the halt is imposed by IIROC, no person subject to the UMIR may trade those securities on any marketplace in Canada, over-the-counter or on a foreign organized regulated market, subject to any conditions set out in the CTO. Thank you, Dave Krestanovich Senior Analyst, Listed Company Compliance 604-331-1213 ext. 3230 Can't sell on any IIROC governed exchange but no mention of being able to take delivery of said stock certs and selling them on a US exchange. With my luck, I would wind up in jail under the Feds illegal pot act with fines and all of my investment seized. Still not getting equal treatment like protectionist US players. The US investors still being able to trade normally drive the price to zero while Canadians are stuck holding the paper. Not fair but Momma told me life isn't fair!