Pink SheetsDaily listings printed by National Quotations Bureau on a pink paper containing market maker quotes for over-the-counter securities not listed on any major market. They are published for brokers and market makers, not for general public. Most companies listed on Pink Sheets are very small, are thinly traded, and have small outstanding volume. Some of them are of questionable quality and it is hard to obtain information about them because Pink Sheets issuers do not have any filing or reporting requirements.Many companies joined the ranks of Pink Sheets companies when the SEC approved OTCBB Eligibility Rule in 1999 and NASD de-listed over 3,000 companies from the OTC Bulletin Board. In September 1999, Pink Sheets LLC allowed market makers and brokers to access real-time quotes for over 4,800 OTC securities over the Net. Free delayed quotes for these companies are expected to follow soon.
Welcome to our Legal Directory Legal & Compliance, LLC is a national corporate and securities law firm that focuses on the specific needs of OTCBB and Bulletin Board Companies. Focus areas include but are not limited to: Contact us immediately for a complimentary initial consultation. Laura Anthony, Founding Partner
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