Good post. I agree.
I think it should be required that any company for which an electronic quotation is displayed on the pink sheets trading platform should at a minimum have open TA records, and make at least semi-annual financial statements available on a company website.
The semi-annual part might be a little weird. My understanding is that foreign issuers on the NAZ, AMEX, and NYSE are required to file only annually (20-F's) and have no website requirement. It would be strange to have a more stringent requirement on the Pinks than on the higher exchanges. Or perhaps you're suggesting tightening the rules on those exchanges too?
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