Market Tiers
OTC Markets Group established a categorization system to indicate the level of financial and corporate disclosure provided by the companies using its quotation system. Apart from the OTCQX tier, the disclosure categories do not signify issuer quality or merit of any security. Categorization is based on the level and timeliness of a company's disclosure and OTCQB and any of the OTC Pink categories can include both high quality as well as speculative, distressed, or questionable companies. Investors are encouraged to use caution when considering many these companies for investment.
Read more about this topic: OTC Markets Group
Famous quotes containing the words market and/or tiers:
“To market ‘tis our destiny to go.”
—Robert Frost (1874–1963)
“The opera house sparkled with tiers
And tiers of eyes, like mine enlarged by belladonna,”
—James Merrill (b. 1926)