Posted On: 09/17/2013 3:41:29 PM
Post# of 8059
this misdirection was so ridiculous it took me a couple seconds to figure the knowing games he was playing re this one:
as to the misdirection that finra is eliminating the OTCBB,that is totally irrelevant technicality--highlighted below-meaningless for our purposes
people still use the OTCBB as a collective catch phrase-- for the OTCQB and OTCQX, which are NOT being eliminated
even if that were not true,we'd be upgraded to whatever technical designation followed the OTCBB-so its just a semantic game
OTCQB is not going anywere
from otc:
The Marketplaces
OTC Markets Group organizes securities into the OTCQX®, OTCQB® and OTC Pink® tiered marketplaces to empower investors to make informed trading decisions.
OTCQB Logo
The Venture Stage Marketplace with Current U.S. Reporting Companies
The OTCQB® marketplace offers informed trading for securities of smaller or developing companies that are reporting to a U.S. regulator (SEC, Bank, or Insurance). OTCQB has no minimum financial standards, therefore, it includes shells and penny stocks that are current in their disclosure to regulators.
The OTCQB marketplace has effectively replaced the FINRA operated OTC Bulletin Board (OTCBB) as the primary market for SEC and bank reporting securities that trade off the exchanges.
OTCQB Provides Informed and Efficient Trading
Electronic trading (through institutional, retail and online brokers)
Transparent prices
Current disclosure and information availability
Access to primarily venture-stage companies, including more than 3,000 SEC reporting companies (including developing companies, penny stocks and shells) and 700 community banks
OTCQB Marketplace Summary
3,000+ companies on OTCQB
2,300+ SEC reporting companies
650+ banks/thrifts
150+ foreign companies
300+ shells
as to the misdirection that finra is eliminating the OTCBB,that is totally irrelevant technicality--highlighted below-meaningless for our purposes
people still use the OTCBB as a collective catch phrase-- for the OTCQB and OTCQX, which are NOT being eliminated
even if that were not true,we'd be upgraded to whatever technical designation followed the OTCBB-so its just a semantic game
OTCQB is not going anywere
from otc:
The Marketplaces
OTC Markets Group organizes securities into the OTCQX®, OTCQB® and OTC Pink® tiered marketplaces to empower investors to make informed trading decisions.
OTCQB Logo
The Venture Stage Marketplace with Current U.S. Reporting Companies
The OTCQB® marketplace offers informed trading for securities of smaller or developing companies that are reporting to a U.S. regulator (SEC, Bank, or Insurance). OTCQB has no minimum financial standards, therefore, it includes shells and penny stocks that are current in their disclosure to regulators.
The OTCQB marketplace has effectively replaced the FINRA operated OTC Bulletin Board (OTCBB) as the primary market for SEC and bank reporting securities that trade off the exchanges.
OTCQB Provides Informed and Efficient Trading
Electronic trading (through institutional, retail and online brokers)
Transparent prices
Current disclosure and information availability
Access to primarily venture-stage companies, including more than 3,000 SEC reporting companies (including developing companies, penny stocks and shells) and 700 community banks
OTCQB Marketplace Summary
3,000+ companies on OTCQB
2,300+ SEC reporting companies
650+ banks/thrifts
150+ foreign companies
300+ shells
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