Sunday, January 19, 2014 7:34:43 AM
eTrade allows for buying and selling of Pinks without even having to worry about DTCC stuff, but they denied OTC/Pink share transfers from other brokerages; plus, its European division went under - eTrade Global is now about Asia.
Fidelity was known to allow transfer of pinkies for a time, mainly when Penson started causing trouble, but...you had to be an US resident to open an account, as its Global division is about selling funds.
I once was in a Spanish forum where some traders used to discuss the latest OTC POS SCAM plays . However, since 2012 it was all over - Penson started acting like jerks, and we ran out of brokerage choices as most of us were playing with pocket change money and Interactive Brokers (best option, since you can trade almost anything anywhere)...requires a $10000 minimum.
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