Friday, May 08, 2020 1:01:50 AM
If they decide to change the rule it could wipe out 3000 stocks that trade unsolicited and/or Pink No Information.
They are presumably doing this to protect public interest.
The Expert Market is OTCM’s counter proposal to show the SEC there is way to deter (and punish) fraudsters without drastically altering the 1/3 of the OTC market.
They also made some proposals more designed to hurt the scammy managers and IR groups instead of the investors.
IMO that’s how you keep from throwing the baby out with the bath water.
GodBless-NoDoubt
creede
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