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NASDAQ Obtains Authority to Halt Trading in OTCBB Stocks

SEC Approves rule change, NASD Notice to Members 00-41 By Mark J. Astarita, Esq. On May 22, 2000, SEC approved a rule change that allows The Nasdaq seclaw.com/glossary/stock/” data-gt-translate-attributes='[{“attribute”:”data-cmtooltip”, “format”:”html”}]’>Stock Market to impose trading and quotation halts in securities quoted in the OTC Bulletin Board. Under the rule change, Nasdaq will halt […]