NASD's OTC Shootout
Traders Magazine, April 1998
The National Association of Securities Dealers is planning more crack downs on trading scams in non-Nasdaq, over-the-counter securities.
But the NASD's attempts to drive the sleaze artists out of the non-Nasdaq, OTC market could end in disappointment. About 8,000 stocks qualify as non-Nasdaq, OTC securities, trading on the NASD-owned, electronic OTC Bulletin Board, and the manually-traded, independently-run pink sheets.
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