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Re: Alyssa post# 41849

Friday, 05/13/2011 7:50:27 AM

Friday, May 13, 2011 7:50:27 AM

Post# of 76214
ok, let's put it this way then, and please READ this carefully:

The OTC market and broker-dealers’ activities in the market are regulated by FINRA, the SEC and various state securities regulators. As well, companies with SEC-registered securities are regulated by the SEC. OTC Markets Group is neither a stock exchange nor self-regulatory organization (SRO) and is not regulated by FINRA or the SEC.

OTC Markets Group’s quotation and trading system is only open to registered broker-dealers and those broker-dealers are subject to FINRA rules and regulations regarding their conduct and use of the OTC Markets Group systems.


http://www.otcmarkets.com/learn/otc101-faq#101faq2

Pinksheets themselves are NOT regulated by FINRA. FACT.

Don't confuse FINRA regulating broker actions with FINRA regulating Pinksheets.. not the same...