Rules and Regs

[tommy 9 fingers]

Hey TEX,

So here is some additional information that represents both sides PRO vs. Con of this reg.

This one I think is from the SEC and discusses investor protection offered by the consolidation.
http://www.finra.org/web/groups/industry/@ip/@reg/@rulfil/documents/rulefilings/p120427.pdf


This is one of the several articles put out by Pinksheets. Notice they really only seem to be conerned about their money and not cleaning up the market for investors. They really don't debate why it won't proctect investors they just say it won't
http://www.tradersmagazine.com/news/finra-pink-sheets-otc-markets-104992-1.html?zkPrintable=true


So I hoping to get peoples opinion on if they think this Finra proposal will actually help clean up the market, clean up FTD issues and MM manipulation as it exist in the market today, and lessen the amount of these P&D scam CEO only pinkstocks or is this proposal all just mumbo jumbo.

Thanks,

T9F

Here's the actual rule proposal for those interested http://www.sec.gov/rules/sro/finra/2009/34-60999.pdf