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janice shell

05/02/22 5:38 PM

#199420 RE: swingingRichard #199419

That would be good. Clearly the solution presented by OTC Markets--the TA verification program--seems to be the best anyone can do for now.

The SEC is working on new rules for transfer agents since 2016. But that's still in the concept release stage. Though we're supposed to hear more relatively soon:

https://www.sec.gov/rules/concept/2015/34-76743.pdf

You can see comments here:

https://www.sec.gov/comments/s7-27-15/s72715.shtml
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tdbowieknife

05/02/22 5:57 PM

#199422 RE: swingingRichard #199419

They could require all public companies be SEC reporting, and the SEC could require all SEC reporting companies keep a running public tally of its share structure.

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JohnnyThundersLAMF

05/02/22 7:48 PM

#199435 RE: swingingRichard #199419

Totally agree with this. Something as basic as share structure should not be able to be hidden.

Another thing that pisses me off are States, especially Delaware, that charge to even view if a particular entity is in good standing.

If a company is publicly traded or does business with public companies, then all their SOS filings should be readily available to the public and investors.

IMO, that's like being charged to view a company's 10-K.