Herrick, Feinstein LLP Named OTCQX Sponsor
The OTC Markets Group Inc. has selected Herrick, Feinstein LLP as an OTCQX Sponsor. "Sponsors are limited to the most qualified firms that have a high level of capital markets expertise." Attorney sponsors must also demonstrate substantial experience "providing advice regarding disclosure obligations under the federal securities law to an issuer with a class of securities registered under Section 12(b) of the Securities Exchange Act of 1934."
The OTC Markets provide trading services, market data and corporate services for 10,000 U.S. and global securities in a wide variety of industries handling a total annual dollar volume of approximately $375 billion. OTC Markets Group Market Data is distributed by most major financial data distributors and is publicly traded on the OTCQX market.