Market Overview

OTC Markets Acquires Watchdog theOTC.today (OTC: OTCM)

OTC Markets Acquires Watchdog theOTC.today

Share:
OTC Markets Acquires Watchdog theOTC.today
Related
If You Think Your Job Sucks, Wait Until You Hear About the Job This CEO Took in College (OTCM)
Why Can't All Investors Trade Over-the-Counter Before the Market Opens? (OTCM)

OTC Markets Group Inc (OTC: OTCM) officially acquired theOTC.today Tuesday, Matthew Fuchs, executive vice president of market data & strategy for OTC Markets Group, said in a press release.

For over six years, theOTC.today has tracked and released data “on stock promotion schemes and raised public awareness of fraudulent promoters in OTC and exchange listed securities,” said Fuchs.

Fuchs believes theOTC.today will be a valuable acquisition. He stated, “OTC Markets Group has obtained access to valuable research and historical data on stocdatk promotions that will be used to enhance OTC Markets’ issuer compliance processes and compliance data product offerings.”

“We (OTC Markets Group) look forward to building on the work of theOTC.today to provide market participants and compliance teams with timely data on fraudulent promotion occurring in the U.S. equity markets,” Fuchs said.

For the time being, theOTC.today will continue running through the transition period. Once it is fully integrated with OTC Markets Group, key promotional data will now be publicly available on www.otcmarkets.com.

Posted-In: Matthew Fuchs theOTC.todayFintech News M&A Press Releases Best of Benzinga

 

Related Articles (OTCM)

View Comments and Join the Discussion!