Replies to post #21 on OTCBB - The End? Or The Beginning...

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1manband Share Tuesday, February 22, 2011 2:47:43 PM
Re: specutator post# 4636 Tweet Post # of 4896

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As this indicates, the OTCBB may be on its way out
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Actually, I doubt that. As that (old) article pointed out, FINRA was interested in selling off the OTCBB for the exact same reason they sold NASDAQ - it conflicts with their regulator duties. Since that article was published, the OTCBB has been sold to Rodman and Renshaw. The sale is expected to close soon. Once it does, I expect they will look to recapture many of those listing and modernize the OTCBB.

I think this more recent story sums it up well.

http://friedlandglobalnews.com/091410RodmanRenshawtoAcquireOTCBB.aspx

Rodman is much larger and connected than Pink Sheets OTC. And more respected.

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