Posted On: 05/05/2016 12:02:46 PM
Post# of 15187
The new poster there 1manband (another Janice Shell worshipper) has been saying the entire OTCMarkets is a scam and neither FINRA or the SEC recognizes it in any way. I posted information there yesterday proving FINRA does but of course they deleted my post. So far my post from today is still there showing the SEC does. I know it's a waste of time but I just like yanking those clowns chain once in awhile. Better they let everyone think their stupid than open their mouths and remove all doubt. 
On May 16, 2013 the Securities and Exchange Commission (the “SEC”) updated its Established Public Market policy concerning the OTCMarkets OTCQX and OTCQB in its Compliance and Disclosure Interpretations in question 139.13.
The SEC confirmed that the OTCMarkets OTCQX and OTCQB are now considered “established public markets” for the purpose of determining the public market price when registering securities for resale with the SEC in equity line financings.
The SEC’s decision comes after a decade of changes and improvements in technology, transparency and regulation in the OTCMarkets OTCQX and OTCQB marketplaces. The SEC’s changes mark an important development for SEC reporting issuers trading on the OTCMarkets. Until now, these issuers have not been able to rely upon the stability, depth and breadth of broker-dealers quoting and trading on the OTCQX and OTCQB marketplaces to establish a public market price when raising capital.
The SEC’s decision does not come as a surprise, considering that last month the OTCMarkets OTCQB and OTCQX had dollar and trading volume of more than $11,435,474,866, and 2,293,347,061, respectively.
On May 16, 2013 the Securities and Exchange Commission (the “SEC”) updated its Established Public Market policy concerning the OTCMarkets OTCQX and OTCQB in its Compliance and Disclosure Interpretations in question 139.13.
The SEC confirmed that the OTCMarkets OTCQX and OTCQB are now considered “established public markets” for the purpose of determining the public market price when registering securities for resale with the SEC in equity line financings.
The SEC’s decision comes after a decade of changes and improvements in technology, transparency and regulation in the OTCMarkets OTCQX and OTCQB marketplaces. The SEC’s changes mark an important development for SEC reporting issuers trading on the OTCMarkets. Until now, these issuers have not been able to rely upon the stability, depth and breadth of broker-dealers quoting and trading on the OTCQX and OTCQB marketplaces to establish a public market price when raising capital.
The SEC’s decision does not come as a surprise, considering that last month the OTCMarkets OTCQB and OTCQX had dollar and trading volume of more than $11,435,474,866, and 2,293,347,061, respectively.
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