Sunday, March 07, 2021 2:44:14 PM
OTCM has much power, which is quite strange because it's a public traded company. Brokers that won't allow trading in CE tickers, just because OTCM give them that label (and sometimes it's very hard to remove it). And SEC is relying on it to. Hence OTCM introduced the verified profile, so investors know it's safe.
And in this reinstatement case (think it was MEDT, I believe it was few days before suspension. SEC had done all their work before that.
About protecting retail investors. People who were inveted in a susended ticker always blame the SEC. But the SEC can't protect current investors, only future investors. It like the law. If a rapist goes to jail, the women he already raped won't be protected.
Can't argue with that
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