[CRYPTOSTOCKS] - Introducing Security Ratings

[Kumala]

Investors to choose their investment objects as well as strengthening the oversight on the adherance of security issuers to their contracts, a security rating is planned to be introduced. But before proceeding we seek your input:

The general idea will be as follows:

The rating has 4 categories:
White - Security isuer is fulfilling his contract. This is the default level for newly listed securities.
Grey - Security issuer is in violation of his contract since less than 4 weeks.
Black - Security issuer is in violation of his contract since less than 3 months.
Delisted - Security issuer is in violation of his contract since more than 3 months. Trading is suspended.
The above timeframes are for reference only. The Exchange reserves the right to rate a security up or down in shorter or longer time periods.

Securities cannot issue further shares if their rating is other than "White".

Up or Downgrading Rating
The process for rating reviews is as follows:

Anyone can request a rating review, send the request and the supporting documents to our contact email address
Should the Exchange deem the claim valid, it will then contact the security issuer (at his specified email address)
The Exchange will downgrade the security if the security issuer does not respond to the request within 7 calendar days or should he fail to provide proof to counter the accusations.
The Exchange reserves the right to make the final decision