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jean1057

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jean1057

Re: Furio post# 2443

Wednesday, 09/26/2007 3:51:44 PM

Wednesday, September 26, 2007 3:51:44 PM

Post# of 43413
Not at all...this explicitly does state that the Pink Sheet are NOT regulated by NAS...read the following '
"According to NASD, its expanded trading and quotation halt authority would NOT be used to correct informational imbalances resulting from corporate news about an issuer because NASD does not have a listing or other agreement with the issuer and thus cannot compel the issuer to disclose material information."

Nas does not regulate but was given the power to halt a quotation..This would seem to happen after or during an official SEC investigation..NOTHING to do with regulating the Pink Sheep stocks..LOL
Read the above twice if you are unsure !!!
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