OTC Markets Group Inc. (OTCM)

[Inorout]

A very high percentage of OTC listed Pink companies are scams. OTC Markets should tighten up its minimum listing requirements to rid its trading platform of non reporting dilution entities. OTC Markets should require any OTC Markets company must have “frequently updated” share counts on all companies trading on the OTC Markets platform. Too many OTC Markets listed companies are turning out to be non reporting delution frauds. Look no further than the SEC Enforcement Actions, and virtually all these fraudulent companies are raising equity capital via OTCM’s ECN. The level of manipulation and corruption on OTCM’s marketplace is out of control and the SEC needs to regulate OTCM, and require OTCM to raise the minimum listing and disclosure requirements of any OTC listed security. Investors in any OTCM listed company should have an outstanding share count, updated bimonthly, reported by the listed company’s transfer agent. OTCM’s ECN facilitates way too many scam companies and OTCM’s lax listing requirements perpetuate the frauds.