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Table of Contents
Welcome From The New Director
Adena Friedman introduces herself as the new OTC Bulletin Board® (OTCBB) Product Director.
The New OTCBB Handbook Now Available
The OTC Bulletin Board Handbook, a comprehensive reference for OTCBB participants, is now available for order through NASD MediaSourceSM. The OTC Bulletin Board Handbook contains a description and brief history of the service, a catalogue of all the rules and procedures that apply to the OTCBB, a complete contact list, user guide, and more.
Update On The Inclusion Of DPPs On The OTCBB
Since May 15, 1997, Direct Participation Programs (DPPs or limited partnerships) have been eligible for quotation on the OTCBB. They are subject to mandatory (T+1) trade reporting pursuant to an NASD rule change approved by the Securities and Exchange Commission (SEC) on January 7, 1997. The benefits, tax implications and quotation restrictions are discussed.
Top 100 Issues - August 1997
The 100 most active OTCBB issues in August 1997 are ranked by average daily share volume.
OTCBB Gains Permanent Approval From The SEC
The OTCBB gained permanent approval for operation from the SEC on March 31, 1997. Effective April 1, 1998, foreign securities and ADRs quoted on the OTCBB must register with the SEC in accordance with Section 12 of the Securities Exchange Act of 1934.
Newly Active Issues
All securities that became active on the OTCBB in the third quarter of 1997 are listed here.