Why are the OTC-BB stocks dying?? Message Board

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Pastimes : Why are the OTC-BB stocks dying??

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To: Joe Copia who wrote (2)	8/17/1998 12:39:00 PM
From: esecurities(tm)	of 115

United States SEC Rule 15c2-6. actually this is the legal/technical reason...this law simply requires any/all U.S. SEC/NASD governed registered reps that no OTC BB stock may be solicited for purchase(.)...any/all sales simply must be unsolicited...initiated by the purchaser and accompanied by necessary SEC paperwork signed by the purchaser confirming the OTC BB BUY was unsolicited...Rule 15c2-6 effectively kills/precludes an efficient OTC BB market...

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