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Website. www .otcmarkets .com. OTC Markets Group, Inc. (previously known as Pink Sheets) is an American financial market providing price and liquidity information for almost 12,400 over-the-counter (OTC) securities. [3] The group has its headquarters in New York City.
Over-the-counter ( OTC) or off-exchange trading or pink sheet trading is done directly between two parties, without the supervision of an exchange. [1] It is contrasted with exchange trading, which occurs via exchanges. A stock exchange has the benefit of facilitating liquidity, providing transparency, and maintaining the current market price.
A chop stock is an equity, usually trading on the Nasdaq Stock Market, OTC Bulletin Board or Pink Sheets listing services, that is purchased at pennies per share and sold by unscrupulous stock brokers to unsuspecting retail customers at several dollars per share.
Armanino Foods of Distinction, Inc., Announces Regular Quarterly Dividend HAYWARD, Calif.--(BUSINESS WIRE)-- Armanino Foods of Distinction, Inc. (OTC Pink Sheets Symbol: AMNF) announced today...
Pink OTC argues this is anti-competitive and an abuse of FINRA's authority. Companies quoted on the OTCBB had to fully report (i.e., current with all required SEC filings) but there were no market capitalization , minimum share price, corporate governance or other requirements to be quoted.
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