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Re: Jimmy Joe post# 235044

Thursday, 09/02/2021 8:43:03 AM

Thursday, September 02, 2021 8:43:03 AM

Post# of 346544
Everyone needs to read up on the new rules and regulations coming on all OTC stocks and naked shorting. Many OTC stocks will not be allowed to trade and will be frozen until they meet new regulations. If you are a player in the OTC area, you need to read the new rules. Unfortunately DBMM will be frozen after Sept. 28th until their litigation is completed. This is a big advantage for the SEC as they can spend their time on better companies while others will be frozen. I am not a fan of the SEC. They have been extremely slow in fixing all these trading abuses. Naked shorting is illegal in the U.S. and they have done very little in correcting these trades. I believe a separate division from the SEC should be formed just to handle naked shorting abuses. It is time for change. The SEC must be overhauled and cleaned up. Removing the naked shorting abuses from the SEC will give them more resources to spend on companies who are trying to improve and make it to an exchange. Good luck to all and stay safe !!!!!