Yeah sucks, the regulators are killing off the new issue market as well. This new amendment is just another nail in the OTC coffin, liqudity across the OTC will likely take a major hit I think, hell were already kind of seeing the reprcussions of it, and I'd imagine it will get worse.
I wish the OTC were more like the old, wild west days, when there was much less regulation, sure there were lots of scams, p&d's, etc, but there was also a lot of money to be made as well....and various ways to make it. Let folks do their own DD, and make their own decisions to invest or not invest, without all the hand holding, just put on your big boy pants and jump in....lol.
Get rid of the Regulators and have the OTC managed by a Lottery Commission, it's really more like gambling anyway, rather than investing....lol
