How can I distinguish a general cease trade order (CTO) vs a management cease trade order (MCTO) on the reporting issuers list?
If a reporting issuer is subject to a general CTO, such as a failure-to-file cease trade order (FFCTO), where all trading in the securities of the reporting issuer must cease, the reporting issuer will have a “Yes (OF)” notation under the “Active cease trade order” column on the reporting issuers list.
If a reporting issuer is subject to an MCTO or an order that only prohibits the reporting issuer from trading in certain securities, and other trading in the reporting issuer’s securities can continue, the reporting issuer will have a “Yes (BY)” notation under the “Active cease trade order” column on the reporting issuers list.
If a reporting issuer is subject to both a general CTO and an MCTO, the reporting issuer will have a “Yes (BY/OF)” notation under the “Active cease trade order” column on the reporting issuers list.
Last updated on: July 26, 2024