The SEC establishes joint data standards as required by the Financial Data Transparency Act of 2022

SEC establishes joint data standards as required by Financial Data Transparency Act of 2022 The U.S. Securities and Exchange Commission has established joint data standards under the Financial Data Transparency Act of 2022 SEC and FINRA regulation defines…

SEC and FINRA regulation defines the rules of the game in the OTC markets. This news may impact disclosure, enforcement or market access for companies and retail investors. ## Summary SEC Establishes Joint Data Standards as Required by Financial Data Transparency Act of 2022 The U.S. Securities and Exchange Commission has established joint data standards under the Financial Data Transparency Act of 2022 The final rule establishes technical standards for data submitted to certain financial regulatory agencies ## Why it is relevant for OTC investors - Impact on SEC/FINRA disclosure, reporting or enforcement - Possible effects on broker-dealers and retail access to the OTC market - Correlation with recent filings of companies on the watchlist ## What to check before operating - Tier and official profile on otcmarkets.com - Recent SEC filings (10-K, 10-Q, 8-K) or international equivalents - Average volume, bid-ask spread and compatibility with position size - Consistency of the news with verifiable data, not just headlines or social media ## OTC Venture Context Venture OTC aggregates and processes news from external sources for information purposes. The text does not replace financial…