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What is The OTC Bulletin Board?

April 26, 2017bulletin board OTC

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What is The OTC Bulletin Board?

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The OTC Bulletin Board is a service run by the NASDAQ Stock Market, Inc., which also runs the NASDAQ Stock Market. Stocks that are quoted on the OTC Bulletin Board are not NASDAQ stocks. The OTC Bulletin Board began operation in 1990 and facilitates trading in thousands of stocks that don’t qualify for either of the NASDAQ markets. Unfortunately, unlike NASDAQ, the OTC Bulletin Board is an unregulated market and the potential for scam and fraud is much greater. Companies that list on the OTC Bulletin Board do not have to file any financial statements in the Securities and Exchange Commission’s EDGAR database and they do not have to meet any listing requirements other than having someone make a market in the stock. To know more on the OTC Bulletin Board, please go to http://www.otcbb.com.