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You're definitely right that there are many shady penny stocks being traded OTC. But I fail to see how shady penny stocks justify an even more opaque and less
by howlingfantods 10y ago
You're definitely right that there are many shady penny stocks being traded OTC.
But I fail to see how shady penny stocks justify an even more opaque and less regulated equity market. Regulation is certainly imperfect, but it's much preferable to anarchy.