WASHINGTON/NEW YORK—As many as 2,000 companies could disappear from the off-exchange “pink sheets,” long a favorite of retail investors, when a new rule aimed at stamping out fraud in this notoriously risky enclave of U.S. equities markets comes into effect next week. The Securities and Exchange Commission (SEC) rule boosts investor disclosures by requiring off-exchange…
US ‘Pink Sheets’ in Shakeup as Securities Regulator Looks to Stamp out Fraud
US News
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