A case study looking at a trading halt due to a lack of DTC Eligibility, and the steps taken to correct the situation
Category: Trading Halt
Resolving a NASDAQ Trading Halt Due to a Lack of DTC Eligibility
Resolving a NASDAQ Trading Halt Due to a Lack of DTC Eligibility It is a common misperception that if a company applies for an exchange listing that it is automatically DTC Eligible upon approval for trading the exchange. This is…