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Microcap & Penny Stocks : Gator's Picks from the Swamp -- Ignore unavailable to you. Want to Upgrade?

To: stomper who wrote (544)	5/27/1999 7:59:00 PM
From: Victor Lazlo	Respond to of 616

Stomper I have never heard that it is against sec rules. What I have heard from brokers is that it is against the rules of their bokerage house to recomend unlisted stocks. It may be against sec regs but I am not aware if it is. Victor

To: stomper who wrote (544)	5/28/1999 8:44:00 AM
From: Gator	Read Replies (3) \| Respond to of 616

Stomper, this should answer your question. Due to the high level of risk involved in investing in Penny Stocks, the SEC created Rule 15g-2, which makes it "unlawful for a broker or dealer to effect a transaction in any penny stock for or with the account of a customer unless, prior to effecting such transaction, the broker or dealer has furnished to the customer a document containing the information set forth in Schedule 15G, Rule 15g-100, and has obtained from the customer a manually signed and dated written acknowledgement of receipt of the document." (SEC Rule 15g-2(a), Risk Disclosure Document Relating to the Penny Stock Market). Definitions for some of these items can be found at: law.uc.edu Also refer to otcbb.com for OTC-BB information. Gator