What are U.S. Regulatory Holder Count Limits?

U.S. regulations limit the number of U.S. holders for certain types of securities and Issuers have the discretion to further limit holder counts.

If a security is at its limit for U.S. holders, U.S. Users will only be able to bid if they are already holders of the security. Bids will not be accepted from U.S. Users not currently holders of the security until the holder count is below its limit.

Any open bid orders by U.S. Users not currently holders of the security will be canceled when a security reaches its U.S. holder limit.