Looking For The List Of OTC Margin Stocks? You’ll Find It In California’s New LLC Act

When originally enacted, the Securities Exchange Act of 1934 banned brokers and dealers from extending margin credit on over-the-counter (OTC) securities. This changed in 1969 when the Exchange Act was amended. The Federal Reserve determined which...
By: Allen Matkins Leck Gamble Mallory & Natsis

Allen Matkins Leck Gamble Mallory & Natsis