Chapter
Understanding the Fragile Ground of OTC Markets
25:45 - 31:17 (05:32)
The OTC market, particularly the Q-sip within it, poses numerous risks to investors, with a significant level of complexity, fail-to-deliver trades, and warning messages displayed on the market's websites. This highlights the fragile ground of this market and its potential dangers.
Clips
This podcast episode discusses the risks associated with investing in the OTC market, specifically in relation to the MTLP stock and the warning on the Pink Sheets website.
25:45 - 28:16 (02:30)
Summary
This podcast episode discusses the risks associated with investing in the OTC market, specifically in relation to the MTLP stock and the warning on the Pink Sheets website. It also mentions the issue of fails to deliver in the market and how they can exist on a market maker's balance sheet for an indefinite period of time.
ChapterUnderstanding the Fragile Ground of OTC Markets
EpisodeLive Call-In Show With Jon: On Stocks, Fox, and More!
PodcastThe Problem With Jon Stewart
FINRA’s responsibility to police BestX has been a challenge due to a conflicted system where brokers have no fiduciary responsibility, leaving the task to the SEC to take over regulation of BestX, thus exposing a huge conflict of interest.
28:16 - 29:06 (00:50)
Summary
FINRA’s responsibility to police BestX has been a challenge due to a conflicted system where brokers have no fiduciary responsibility, leaving the task to the SEC to take over regulation of BestX, thus exposing a huge conflict of interest.
ChapterUnderstanding the Fragile Ground of OTC Markets
EpisodeLive Call-In Show With Jon: On Stocks, Fox, and More!
PodcastThe Problem With Jon Stewart
SEC Chair Gary Gensler has put crypto firms on notice, stating that unregistered securities are on "fragile ground," which means crypto firms could face disclosures and other investor protections.
29:06 - 31:17 (02:10)
Summary
SEC Chair Gary Gensler has put crypto firms on notice, stating that unregistered securities are on "fragile ground," which means crypto firms could face disclosures and other investor protections. Gensler has already taken action against Genesis, Gemini, and Kraken for violations like staking or leaving digital assets in an exchange to receive payouts.