Author: Stephanie Gambino

As an associate in Dorsey’s Corporate Group, Stephanie’s practice focuses on corporate and transactional matters. She supports clients in both domestic and cross-border transactions ranging from corporate governance matters to securities offerings and general commercial transactions. Stephanie also supports clients with a variety of U.S. regulatory issues, including advising on issues relating to securities offerings and other highly regulated industries.

View Full Bio on Dorsey

Corporate / Securities

OTCQX Proposed Rule Changes

The OTC Markets Group published this week proposed amendments to the OTCQX Rules for U.S. Companies, U.S. Banks and International Companies. The rules will become effective on December 12, 2019; comments will be accepted until December 11, 2019. To qualify for the OTCQX, International Companies must, among other qualifications, have a class of securities traded on a Qualified Foreign Exchange (includes the Toronto Stock Exchange, the TSX Venture Exchange and the Canadian Securities Exchange), be an SEC Reporting Company or be a Regulation A Reporting Company. The proposed rules contain several amendments for International Companies, which will be the focus of this update. First, if an International Company applying to trade on the...