Will New Rule Disrupt the Over The Counter Market this Fall?

17 Nov. 2021 How Will the New Regulations Impact that Market? On September 16, 2020, the SEC amended its Exchange Act Rule 15c2-11. The new changes took effect on September 28th. Ultimately the new rule means everyday retail traders are no longer able to buy securities on the Pink market. OTC Markets Group is the largest U.S. market for OTC securities with 12,871 securities as of Aug. 31st 2021. The securities are in three tiers based on the quality and quantity of the companies' information and disclosures. OTCQX is the top tier of the three tiers with only 595 securities. Securities that trade on this forum must meet the most stringent qualification criteria compared to the other levels. OTCQB, also known as "The Venture Market," consists of early-stage and developing U.S. and international companies and has 1,095 securities. Read the full article on Benzinga Wikisoft Corp. - Potential Rising Stars Wikisoft Corp. (OTCQB:WSFT) had an explosive journey. After new management took over a bit more than a year ago Wikisoft have managed to launch an investor site wikisoft.com, relaunched their flagship platform wikiprofile.com, $20M in funding, and shifted to OTCQB in August. Wikisoft's vision is to create opportunities globally for business professionals and businesses to make informed career and hiring decisions. This is achieved on Wikiprofile.com platform which provides relevant and valid information to make informed career and hiring decisions globally for business professionals with a database now exceeding 175 million business profiles. The platform offers a free and simple sign-up process with an automatic database look-up to make it easy to join the platform. OTCQB stocks can be bought on platforms such as: * Fidelity * Etrade * TD Ameritrade * Charles Schwab * TradeStation * Interactive Brokers * Zacks Trade * EOption * Firsttrade * Lightspeed © 2021 Top Stock Insider

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