In Episode 2, we brought together Jacob Rappaport, Managing Director and Head of Global Equities at StoneX Group (formerly INTL FCStone) and Dan Zinn, General Counsel and Corporate Secretary for OTC Markets where he leads the company’s regulatory and policy making efforts to discuss the proposed amendments to Rule 15c2-11 in the Road to Modernize the OTC Market.
In September 2019, the SEC announced proposed amendments designed to modernize Rule 15c2-11 and enhance investor protection by requiring that current and publicly available issuer information is accessible to investors. The OTC market has seen significant technological improvements since the last substantive review by the SEC in 1991.