Listing Requirements of the Over the Counter Bulletin Board - OTCBB


The stated and un-stated listing requirements for the OTCBB are as follows:

  • fully reporting with the Securities and Exchange Commission,
  • not a black check or inactive company,
  • minimum of 40 stockholders of record holding at least 100 shares each (note: this number is informal and has been moving up),
  • directors, officers, and stockholders will be scrutinized for previous involvements in other OTCBB companies, in particular blank check companies,
  • must have a market maker submit 15c211 application to NASD and agree to act as market maker for securities of company.


Go to the listing requirements of other exchanges:

Master Chart Summary, Amex , TSX, NASDAQNM, NASDAQSM, TSX Venture, CNQ, OTCBB, US Pink Sheets

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