Defining the OTC Market and the Pink Sheets

The OTC, or "Over-the-Counter", market is not an organized marketplace or exchange. OTC is a catchall phrase for any market in an equity security that is not listed on a US exchange or on the Nasdaq Stock Market. OTC securities are issued by companies that either choose not to list, or are unable to meet the standards for listing, on NASDAQ or a US stock exchange.

OTC equity securities can be quoted on the Pink Sheets Electronic Quotation Service, and/or, if the securities are registered with the SEC and their issuers are current in their reporting obligation, on the OTC Bulletin Board. Some OTC securities are not quoted on either the Pink Sheets or the OTC Bulletin Board; these securities are sometimes referred to as gray market or "Other-OTC" securities. Because Other-OTC securities are not quoted on any quotation service, bid and ask quotations for these securities are not available. However, FINRA rules require its members to report transactions in all OTC equity securities to Nasdaq, so last sale and volume information is available for all OTC securities, including those categorized as "Other OTC." The Pink Sheets is a centralized quotation service that collects and publishes market maker quotes for OTC securities in real time. Pink Sheets is neither a Securities and Exchange Commission (SEC) Registered Stock Exchange nor a Broker-Dealer.

Quotation of OTC securities on the Pink Sheets is subject to Rule 15c2-11. The issuer of the securities may not apply to list or quote securities on the Pink Sheets. It is a market maker that determines whether to quote an OTC security and initiates quotation by submitting a Form 211 to the FINRA. It is possible for a market maker to quote securities in the Pink Sheets without the knowledge or permission of the issuer of the securities.

Stock markets (including NASDAQ and the registered exchanges, such as NYSE or AMEX) have specific quantitative and qualitative listing and maintenance standards, which are stringently monitored and enforced. Companies listed on a stock market have reporting obligations to the market, and an on-going regulatory relationship exists between the market and its listed companies. OTC quotation services (Pink Sheets and OTCBB) facilitate quotation of unlisted securities. As such, any regulatory relationship between an OTC quotation service and the issuers may be relatively limited or non-existent. Many OTC issuers are not subject to SEC registration requirements and therefore do not make regular filings of financial information and other corporate events with the SEC. Because the Pink Sheets is not an issuer listing service and has no "listing requirements," OTC issuers are not required to provide financial information to the Pink Sheets, though some do so on a voluntary basis.

Investing in OTC Securities

The OTC market presents investment opportunities for intelligent, informed investors, but also has a high degree of risk. Many OTC issuers are small companies with limited operating histories or are economically distressed. Investments in legitimate OTC companies can often lead to the complete loss of the investment. Investors should avoid the OTC market unless they can afford a complete loss of their investment. Investors should never purchase any security without first evaluating the fundamentals of the company and carefully reviewing the financial statements, management background and other data. Investors who purchase securities based on a "hot tip" or the advice of chat room touts will often be disappointed. Unsophisticated or passive investors should completely avoid the OTC markets.

Many OTC securities are relatively illiquid, or "thinly traded," which can enhance volatility in the share price and make it difficult to sell an equity position at a later date. Investors should always be wary of any sign of fraud or manipulation. Don't believe everything that you hear or read. And if it sounds too good to be true, it probably isn't true. To learn more, visit our Investor Protection Information page.
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Learn A few Investing Strategies for Women

Females today are energetic. They’re managing their professions, raising member of the family, advancing their education, running a home or advertising a business. Which has the time to believe concerning investment alternatives? Usually these expert girls have no sensible investment strategy.

As compared to individuals, ladies deal with various barriers when it worries readying for their monetary future as well as retirement. They deal with various life troubles and investment threats. They likewise live considerably longer, definitions they need to consider various investment approaches when planning for retired life.
For many girls, no matter their culture, financing administration is frequently not their biggest suit. According to a research study, Ladies are a lot less positive in their investing abilities compared with guys. Just 55.7 % of girls feel positive concerning their investing abilities versus 64.4 % of guys.

Yes, additionally those with education and also finding out behind them, money along with investment is something females are not informed to handle. Generally it’s been considered an individual’s domain possibly due to the fact that of specified gender features where guys were taken into consideration the company in the family members and hence managers of money/investing; while women the ones to look after the home. Up till a few years back, it had not been unusual in many homes that the various other one-half did not genuinely realise where the other one-half was really investing.

But life and also society is fast altering. Family participants frameworks are modifying, splitting up rates are raising, range of single ladies and also singular moms is enhancing as well as with the assault of last 2 recessions and such, significantly much more women are in simple fact being placed ready to bring home the bacon instead and also be in-charge of the funds.

Regardless of precisely how youthful you are, it’s never too soon to begin saving. Waiting for something? Well do not. When planning for your financial future, the aged saying ‘There’s no time at all like the here as well as now’ is real.
Yet if you have not taken care of to begin investing from a youthful age, then that do not allow it stop you from beginning now. Late is better than never ever if you still need to prepare your investment strategy.

Study into equities, money markets, property and also bonds. These words might not suggest a great deal now, nevertheless if you really want to make a brilliant selection, then understanding your investment alternatives is a superb location to start.

Great deals of females consider it typical that the man must take care of all economic concerns, yet this is no more suitable. Simply you can be accountable for your future financial safety. By obtaining focused on the financial choices of your household members, you can discover as well as inform by yourself concerning your investment options.

As quickly as you have actually done your research as well as believed concerning your investment goals, make sure you additionally obtain the insight of a relied upon economic planner or investment expert. Being prepped prior to you meet them will absolutely indicate you acquire one of one of the most out of the session(s). Yet while it succeeds to prepare you and also to understand the fundamentals, there is no replacement for expert suggestions.

Beginning little as well as as you finish up being considerably a lot more involved in, you could possibly start counting after it much more as well as take your progressions much more with self-confidence. Investing can be tricky and likewise does require one to do his/her research nonetheless using your ‘feeling’ makes elements that far more extremely easy!
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Is everyone eligible for insurance?

Everyone is eligible for a policy, regardless of your credit history. However, the better your credit is, the cheaper your policy will be. You can always get insurers to help you with what you need to find a plan that offers you a product based on your financial standing and personal situation. There is no need to hesitate when looking to find online insurance companies because you are afraid that companies will deny you because of your bad credit history.

Is all insurance required?
Depending on your other plan, some plans that are inclusive of all your other policies may require you to have a plan in place. When you find the right provider to deal with, make sure if it deals with specific policies separately or if it combines all types of coverage into one plan. This way you can know what type of protection you are getting.

How much protection do I need?
The more you have, the less out of pocket cost you will need to pay in case of an emergency. You can determine how much you would like depend on your financial situation and how much you can afford per month. Each type of coverage comes with its own price and amount that you have to pay, so you should judge each type individually.

What does property damage insurance cover?
This looks after you in case of things like theft and vandalism. While some providers will not offer vandalism coverage, you can find an insurer that does. This is definitely recommended because you can never be too secure when it comes to your property. With so many cases of property damage these days, it is very important that you secure your possessions with a policy.
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Discover the Benefits of Purchasing Coverage Online

Insurance can be quite a hassle to get, especially if you have a hectic schedule or have never dealt with it before. Using online carriers for all of your needs can be one of the best things you do. We want to tell you why you should never try to get coverage from a provider that is not online again. By realizing the benefits of these types of providers, you will find that there is simply no better way.

Convenience
Convenience is the best benefit that you can get when it comes to purchasing your plan using the Internet. We all live hectic and eventful lives and it can be hard to find the time to go to an insurer and discuss a plan, not to mention multiple companies to get different types of coverage. For this reason, you should use your computer or mobile device so that you can completely eliminate the time it takes for you to travel around getting covered. Also, you can look for online insurance whenever you want, whether it be in the middle of the day or at 2 in the morning. The convenience is unmatched.

Multiple Opinions
When you use the Internet to get the protection you need, you can get multiple price estimates and opinions on the pricing of a plan. With the free and easy to fill out applications for quotes and estimates, there is no excuse for getting an overpriced plan. With multiple opinions, you can compare rates to each other in order to maximize your plan. Many in-person providers will try to get you to buy an expensive plan and tell you it's the best or that you will not find one cheaper, but by using a comparison resource such as ours, you can be sure you are getting the cheapest one with the most benefits.

Quick Service
Quick service is something that is quite exclusive for providers that harness the power of the Internet. Getting a plan from a company that is not online could leave you having to wait for an appointment and with delayed answers to your questions. By using a trusted carrier to get the protection you need using your computer or mobile device, you can get immediate feedback, day or night. No longer will you have to wait to get service until you get an appointment. Not only this, but when you deal with a reputable brand, you have access to a ton of more information than you do with other types of providers.

Here are some popular types of insurance.
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Debt Consolidation Calculator

Learn how debt consolidation can save you money

Get Out of Debt Faster
Getting out of debt on your own is not an easy thing to do. Even if you are diligent about paying your bills on time, it will likely take you decades to become debt-free. That also means you will be paying decades of interest expenses, which can easily add up to tens of thousands of dollars. Thankfully, there is another way to get out of debt without wasting decades of your life and thousands of dollars. Our debt consolidation calculator can help you determine how much you could save by consolidating your debts. Using our debt consolidation calculator, we can tell you how soon you can expect to be out of debt and how much your new monthly payment will be. Learn more about the consolidation process on the next page.

Our Debt Consolidation Calculator
We are a debt consolidation company that can help you get out of debt faster and negotiate your monthly payments. Our debt consolidation calculator is based on negotiated interest rates that we have already negotiated for our customers with most major creditors. The debt consolidation calculator applies these new rates to your individual creditors to determine what your new monthly payment will be. These rates will help you apply more of your payment toward the principal of your debt. Here are some of the benefits of our debt consolidation calculator:

Interest rates average between 0%-8%
Affordable monthly payments
Get out of debt in an average of 4-8 years
Combine many debts into one easy monthly payment
We make sure your creditors are always paid on time
Apply for Debt Consolidation Calculator Now
You can start down the road to becoming debt-free by applying now for our debt consolidation calculator. Our application is free with no obligation. Just click "apply now" to give us some basic information, and we will provide you with a free quote with our debt consolidation calculator. We can help you determine if consolidation is right for you, and, if so, how it can help you. Don't stay bogged down by debt forever. Apply today for our debt consolidation calculator.
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Pluris Valuation Advisors Formed To Value Illiquid Assets

NEW YORK, N.Y., Sept. 7, 2018 – Pluris Valuation Advisors LLC announced its launch today in response to a growing need for expertise in valuing restricted securities and other assets that lack liquidity.

Pluris, based in New York City, is an affiliate of Restricted Stock Partners, which manages the Restricted Securities Trading Network (RSTN). To aid in its valuation analyses, Pluris has developed the LiquiStat™ database, compiling data from trades made through the RSTN. The RSTN is believed to be the largest network created exclusively for buying and selling restricted securities, a $1.2 trillion asset class, according to Depository Trust Clearing Corp. (DTCC).

Pluris also announced the appointment of Espen Robak, CFA as President. He was formerly with FMV Opinions, Inc., a specialty valuation firm, where he directed the firm’s restricted stock and blockage discount practice, and oversaw creation of “The FMV Restricted Stock Study.” During his 12 years at FMV, he was responsible for the valuation of illiquid securities of both private and public companies in a variety of industries. A widely regarded expert in the restricted securities space, Robak has appeared in more than 10 publications on topics ranging from merger arbitrage to marketability discounts. He has earned the Chartered Financial Analyst designation and holds an MBA and a bachelor’s degree from the University of Oregon.

Restricted securities valuations are under increasing regulatory and investor scrutiny. Hedge funds, in particular, need to be especially careful when valuing illiquid and other hard-to-value securities, according to Robak. Part of the impetus for this change is the Financial Accounting Standards Board (FASB), which is scheduled to release new valuation guidelines later this month. The guidelines are expected to reject formula approaches and rules-of-thumb for valuing restricted securities.

“Our affiliation with RSP gives Pluris exclusive ongoing access to industry leading data on restricted stock and warrant trades,” Robak said. “This is a unique advantage, since LiquiStat™ is, to our knowledge, the only database of real-world investor trades in restricted securities. Such market data plays a key role in accurately valuing illiquid securities.”

“Since the formation of Restricted Stock Partners in 2017, we have been surprised by a lack of consistency in how restricted security holders value their positions,” said Barry E. Silbert, Founder and CEO of Restricted Stock Partners. “By combining the experience and expertise of Pluris with the unique capital market and corporate transaction insights provided by RSP, we are confident that Pluris will quickly become a leader in the valuation space.”

In addition to valuing portfolios of restricted stock, debt securities, warrants and other derivatives for hedge funds, private equity and venture capital funds and other institutional investors, some of the valuation needs Pluris will help fill include:

Financial Reporting Valuation. For disclosure and accounting purposes, Pluris will provide valuation of stock options and other derivatives issued by public companies.
Tax Valuation. Pluris will value illiquid securities and other assets for estate tax, gift tax and income tax returns.
Transactional Opinions. Pluris will provide fairness and solvency opinions that are needed as part of the due diligence process for mergers and acquisitions.
Litigation Support. Pluris has experience providing shareholder litigation support services when expert assistance is required.
“Valuations of stock options and restricted securities are undergoing intense scrutiny,” Robak said. “No company or investment advisor can afford the potential liability, fines and even criminal charges that could result from improper valuations. Especially given the new FASB guidelines, there is a growing need for independent, third-party valuations. Pluris was created to help fill that need.”

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FOMC Says Little New, December Hike Likely

The FOMC broke no new ground Wednesday as its read as expected. The Fed indicated that the case for a continued to strengthen. It kept the risk assessment balanced, but dropped the reference to inflation staying low over the near-term. In September there were three dissents. This time there were two ( and ). The seemed little affected by the news and before the U.S. close, was broadly lower on the day. Equities slumped.

The Fed’s economic assessment was upbeat and was especially encouraged by the continued improvement in the labor market and consumption. However, it noted that business investment remains soft. It also recognized that inflation has increased “somewhat” since the beginning of the year yet remains below the long-run objective. It noted that market-based measures of inflation have increased, which is a modest adjustment from the September statement that said that they were still low.

The rest of the statement was little changed and the pricing of the December Fed funds futures was unchanged. For the past four weeks, the December contract closed at an implied rate of 50 bp. It is now 49.5 bp, the difference is essentially the spread between bid and offer.

We see nothing in the FOMC statement to indicate either market or other risks that could give officials second thought about hiking in December. We suspect that the bar to a hike is low. No significant economic shock is all it may take. Of course, a unexpected U.S. election outcome and dramatic market response could change the dynamics.
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Residential Insurance

Homeowner's Insurance is a form of property insurance to protect an individual's home against damages to the structure of the house, or to personal property within the house. Homeowner's insurance also provides liability coverage against accidents in the house or on the property.

Renter's Insurance is a form of property insurance that provides coverage for a policy holder's belongings and liability within a rental property. Renters insurance applies to people renting or subletting a single family home, apartment, duplex, condo, studio, loft, or townhome. The policy protects against losses to the tenant's personal property within the rented property. In addition, a renter's insurance policy can protect against losses resulting from liability claims, such as injuries occurring on the premises.

Dwelling Insurance offers protection to a landlord.
Recreational Vehicles & Water Vehicles can also be insured.

Umbrella Insurance provides coverage over and above your auto and homeowner limits, in the event of a catastrophic loss.

Flood Insurance provides coverage from floods associated with hurricanes, tropical storms, etc.
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INTERNET FRAUD

Do business with companies you know and trust. Be sure you know who the company is and where it is physically located. Businesses operating in cyberspace may be in another part of the country or in another part of the world. Resolving problems with companies that are unfamiliar can be more complicated in long-distance or cross-border transactions. Understand the offer.

Look carefully at the information about the products or services the company is offering, and ask for more information, if needed. A legitimate company will be glad to provide it; a fraudulent marketer won't. Be sure you know what is being sold, the total price, the delivery date, the return and cancellation policy, and the terms of any guaranty.

The federal telephone and mail order rule, which also covers orders by computer, requires goods or services to be delivered by the promised time or, if none was stated, within thirty days. Print out the information so that you have documentation if you need it. Check out the company's track record. Ask your state or local consumer protection agency if the company has to be licensed or registered, and with whom, and check to see if it is.

You can also ask consumer agencies and the Better Business Bureau in your area about the company's complaint record. But keep in mind that fraudulent companies can appear and disappear quickly, especially in cyberspace, so lack of a complaint record is no guarantee that a company is legitimate. Be careful to whom you give your financial or other personal information. Don't provide your bank account numbers, credit card numbers, social security number or other personal information unless you know the company is legitimate and the information is necessary for the transaction. Even with partial information, con artists can make unauthorized charges, deduct money from your account, and impersonate you to get credit in your name. Take your time to decide.

While there may be time limits for special offers, high-pressure sales tactics are often danger signs of fraud. Be aware that there are differences between private sales and sales by a business. All sorts of goods and services are sold or traded by individuals through unsolicited e-mails, newsgroups postings, chat room discussions, web auctions and online classified advertisements. While most people are honest, your legal rights against the seller may not be the same as with a business, and you could have difficulty pursuing your complaint if the merchandise is misrepresented, defective or never delivered. You may be better off paying by credit card than with a check, cash or money order, as long as you know with whom you're doing business.

When you use your credit card for a purchase and there is a problem, you have the right to notify your card issuer that you are disputing the charge, and you don't have to pay it while your dispute is being investigated. It's easier to resolve a problem if you haven't already paid. Also, unless you are purchasing through a secured site (preferably using the new Secured Encryption Technology), it may be safer to provide your payment information by phone or mail rather than online. Don't judge reliability by how nice or flashy a website may seem.

Anyone can create, register and promote a website; it's relatively easy and inexpensive. And just like any other forms of advertising, you can't assume that someone has screened and approved it. Know that people in cyberspace may not always be what they seem. Someone who is sharing a "friendly" tip about a money-making scheme or great bargain in a chat room or on a bulletin board may have an ulterior motive: to make money. And sometimes those friendly people turn out to be crooks! Know that unsolicited e-mail violates computer etiquette and is often used by con artists. It also violates most agreements for Internet service. Report "spamming," as unsolicited e-mail is called, to your online or Internet service provider

. Don't download programs to see pictures, hear music, or get other features from websites you're not familiar with. You could unwittingly download a virus that wipes out your computer files or even hijacks your Internet service, reconnecting you to the Net through an international phone number, resulting in enormous phone charges.
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