$NIO Inc (NIO.US)$ Many MM funds can invest NIO now as its s...
$NIO Inc (NIO.US)$ Many MM funds can invest NIO now as its share price is above $5. There is a regulation or policy which does not allow funds to invest stocks at price below $5.
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STD0313 : where can I read about this regulation?
70552586 : Most mutual are not allowed to invest in share prices that lower $5 for 30 consecutive days