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As of July 1, 2025, we launched the OTCIDTM Basic Market. The Pink Current Market has ceased to exist.
Learn more about this change and the OTCID Basic Market here
Become Engaged with U.S. Investors – Apply for the OTCID Basic Market
Companies on the Pink Current Market will either moved to the OTCID Market or downgraded to the Pink LimitedTM Market depending on whether they met the eligibility requirements of OTCID. A description of each market is below:
The OTCID Basic Market is for companies that publish baseline information, rather than meet the higher qualifications of our premium markets. These companies provide ongoing financial disclosure and a management certification, and verify their company profile for US investors, brokers and regulators.
The Pink Limited Market is for broker-dealers to publicly quote securities with limited to no issuer involvement. Pink Limited companies do not certify their compliance with established reporting standards, have limited availability of disclosure or financial information and may not support their U.S. market. These securities are identified with yield sign to warn investors to proceed with caution.
Minimum Requirements for Pink Limited
Companies that do not meet OTCID requirements may still be eligible for the Pink Limited Market by making disclosure required under SEC Rule 15c2-11 publicly available. Broker-dealers may place additional restrictions on Pink Limited companies, making them more difficult for investors to trade.
A company's designation is based on the level of disclosure provided to the markets as well as the timeliness of such disclosure.
Pink Limited Information Companies meet the minimum disclosure requirements under Rule 15c2-11. They may not have timely filings.
Broker-dealers may place additional restrictions on companies in the Pink Limited Information Market, making them more difficult for investors to trade.
When a company no longer meets the requirements for the Pink Limited Market, it may enter a 15-day grace period. At the end of the grace period, if appropriate disclosure is not publicly available, it will be moved to the Expert Market where there are no public broker-dealer quotations. Broker-dealer quotations will only resume upon clearance of a new Form 211 with FINRA.
Companies with Unsolicited Quotes only do not receive a grace period and move immediately to the Expert Market.