It would put them in an embarrassing position (knowing that others had noticed and they had not) if the SHTF and they had done nothing - especially if BOTH have been informed - one could not blame the other quite so easily.
Unfortunately both of 'em absolutely hate the OTCBB and Pinkies. On their sites they clearly warn investors that if they buy penny stocks they may lose all of their investment, and by and large they think that's enough. The Nasdaq is now shot of the Pinkies, and they'd like to be shot of the OTCBB as well. That nearly happened a couple of years ago. There was to be a new "exchange" called the BBS or something. At the last moment the SEC said no, because they feared OTCBB stocks would become even more unregulated than they already are.
I used to have a contact at the NASD who really would look into things. Unfortunately he retired.
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