I can't trade with my brokerage in the above Canadian account for OTC stocks. I am not sure how this would play out for next 2 days. And if there are other accounts of similar kinds (American/Canadian) would there be sell offs. Can somebody shed some light on this
I sold today from my TFSA, heres what you need to know. I called RBC, Nasdaq, OTC and FINRA. Basically as stupid as it sounds, there is no clear answer. Some brokerages require shorts to be covered such as RBC before delisting, and some dont....depends on who your with. Thats why there is so much contrary info out there.