DD Support Board and Research Team

[1manband]

No, you are incorrect. OTCMarkets is not a regulator and has absolutely no authority over OTC quotations. FINRA does, and FINRA is the legal regulator. OTCMarkets simply provides a trading platform for OTCMarkets trading which allows them to sell the quotes for trades made on their platform, which is not exclusive. FINRA actually "owns" the OTC market, not OTCMarkets.

NO OTC company is required to subscribe to OTCMarkets services to be quoted on the OTC Market. They do nothing but charge companies for PR services. All their "tiers" and trading status (such as "Pink Current") is invented to sell PR services. Neither the SEC nor FINRA recognizes such designations in any way, because they are completely meaningless from a regulatory standpoint.