There is a crisis facing the OTC market today in the lack of short sale position reporting and disclosure for OTC issues. This lack of transparency regarding short selling in the OTC market allows fraudulent acts to go undiscovered and manipulative short sellers to hide.
I believe regulators should fix the problem. Small issuers traded on the Pink Sheets and the OTCBB deserve the same transparency and regulatory oversight of short selling as those listed on Exchanges or NASDAQ.
I always thought of the SEC.Regulators,as the good guys looking out for us small time investors. However if it takes this sort of campaign to call your attention to such a serious matter as this,and still no action taken to correct it .
We need relief and we need it like yesterday.
regards
William E. Akins
Private Investor
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