What is the OTCBB?
The OTC Bulletin Board® (OTCBB) is a regulated quotation service that displays real-time quotes, last-sale prices, and volume information in over-the-counter (OTC) equity securities. An OTC equity security generally is any equity that is not listed or traded on NASDAQ® or a national securities exchange. OTCBB securities include national, regional, and foreign equity issues, warrants, units, American Depositary Receipts (ADRs), and Direct Participation Programs (DPPs). Unlike the national security exchanges there are no minimum quantitative standards (assets, revenues, etc.) which must be met by an issuer for its securities to be quoted on the OTCBB. Companies however, must be current in their reports that are required to be filed with the SEC and other regulatory authorities.
