DTC Eligibility

DTC eligibility is a significant issue facing OTC issuers. DTC is the largest security depository in the word and being DTC eligible means your securities are able to be deposited through the DTC. Many OTC issuers have faced a “DTC chill,” meaning that their stock does not clear or trade electronically. Having a DTC chill on your stock essentially means that your stock cannot be traded. We have experience in helping clients become DTC eligible and get back in compliance with DTC eligibility requirements in the event of a DTC chill.