DD Support Board and Research Team

[janice shell]

Coulson wrote one too, not long after Paltrowitz's.

As the CEO of OTC Markets Group, I have witnessed first-hand the transformation of the OTC market – from an opaque, paper-based system to a fully regulated market designed to meet the needs of global companies, community banks and early-stage venture companies. Frustratingly though, an outdated narrative still exists. One where the OTC market is portrayed as the Wild West or the Wolf of Wall Street and everything that is traded on an exchange is deemed “safe.“

He has a legitimate point. While a lot of junk trades at OTC Markets, Coulson really has seen to it that far more information about those issuers is available than was back in the '90s and earlier, and that more becomes available all the time. He's to a considerable extent succeeded in making companies understand that people expect some level of disclosure, and of course the SEC has encouraged that as well, with the amended Rule 15c2-11.

In the meanwhile, despite the new rule the Nasdaq adopted in 2020, Nasdaq CM companies can still stave off delisting for way too long, among other things...

https://blog.otcmarkets.com/2023/10/24/reversing-market-perceptions/