Rodman Vies to Buy OTCBB Assets
Rodman & Renshaw Capital Group,
Inc. (NASDAQ: RODM) reaches agreement with Financial
Regulatory Authority, Inc. (FINRA) on terms for its acquisition of the OTC
Bulletin Board, which is currently operated by FINRA.
Read the news release
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New FINRA Rules and Fees May Dramatically Affect OTC Companies
New Rule 6490 will go into effect at the end of September granting FINRA
extended discretionary authority and dramatically raising fees concerning the
processing of Company Related Actions.
See article by Alixe Cormick of Venture Law Corporation
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