From: Peter Seebach
Pink Sheets has proposed that the SEC adopt a new rule that provides for full disclosure of the identity, compensation and relationships of all participants (i.e., issuers, sponsors, third party promoters, etc.) directly or indirectly engaged in the promotion of stocks in the over-the-counter (OTC) market and that targets the explosion of misleading spam email and fax promotions on OTC stocks and provides for increased transparency and effective disclosure to protect investors from "pump and dump" promotion schemes.
Please. I would guess that pump and dump stock spams are ahead of mortgage and vacation spammers as my #1 source of junk faxes. If these people were easier to identify, I could make them stop.