Markets
Issuer Regulation
The rules and obligations companies must meet to issue and trade securities fairly on the NASD OTC market.
What Issuers Must Maintain
Core compliance areas for admitted issuers.
Annual reporting
Audited financial statements published within the required window.
Quarterly updates
Quarterly performance and shareholder updates.
Material event notice
Prompt disclosure of board changes, M&A, and corporate actions.
Corporate actions
Coordinated disclosure of dividends, bonus, and rights through your registrar.
Insider conduct
Information barriers and trading-window enforcement.
Records retention
Maintenance of share registers and disclosure records.
Disclosure Requirements for Issuers of Securities Admitted on NASD
DisclosureNASD OTC Market Rules
RulesPenalties for Breaches of the Rules & Regulations of the NASD OTC Market
ConductGuidelines for Scheme of Arrangement and Conversion
ProcedureRules for Removal of Securities from the NASD Securities Exchange
Procedure
Questions about your obligations?
Our legal and compliance team can advise on the right procedure.