OTC Markets to Become an ATS
Traders Magazine, June 2011
OTC Markets Group, as part of its ongoing battle with the Financial Industry Regulatory Authority, will transform itself into an alternative trading system. The company, formerly known as Pink OTC Markets, recently registered its OTC Link subsidiary as a broker-dealer with the Securities and Exchange Commission as a first step in a plan to establish itself as a regulated entity. The company plans to register OTC Link as an ATS and a member of FINRA later this year.
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