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Re: Mistic post# 15996

Friday, 03/23/2012 1:37:10 AM

Friday, March 23, 2012 1:37:10 AM

Post# of 38475
Here's some education for you…

What the heck are you talking about?

http://www.sec.gov/divisions/marketreg/mrotc.shtml
"The Financial Industry Regulatory Authority (FINRA) regulates broker-dealers that operate in the over-the-counter (OTC) market."


http://www.otcmarkets.com/content/doc/otc-market-regulation.pdf
FINRA is the largest non-governmental regulator for all securities firms doing business in the United States, overseeing nearly 5,100 brokerage firms, about 174,000 branch offices, and more than 672,000 registered securities representatives. FINRA was formed through the merger of NYSE Regulation and the National Association of Securities Dealers. FINRA touches every aspect of the securities business, from registering and educating industry participants, examining securities firms, writing and enforcing rules and federal securities laws, and operating the OTCBB. FINRA informs and educates the investing public, provides trade reporting and other industry utilities, and administers the largest dispute resolution forum for investors and registered firms. Detailed information can be found on the website: www.finra.org

You really need to educate yourself more on the OTC. FINRA has no regulatory authority on the OTC stocks.