Over-the-Counter Bulletin Board (OTCBB)

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Definition of 'Over-the-Counter Bulletin Board (OTCBB)'

The Over-the-Counter Bulletin Board (OTCBB) is a website operated by the Financial Industry Regulatory Authority (FINRA) that provides real-time quotes for over-the-counter (OTC) securities. The OTCBB is not a stock exchange, and it does not regulate the companies whose securities are traded on it. However, it does provide some basic information about these companies, such as their names, ticker symbols, and contact information.

The OTCBB is a popular place to trade penny stocks, which are stocks that trade for less than $5 per share. Penny stocks are often considered to be high-risk investments, and they are not regulated as strictly as stocks that trade on major stock exchanges.

There are a few things to keep in mind when trading on the OTCBB. First, be aware that penny stocks are often very volatile, and their prices can fluctuate wildly. Second, do your research before investing in any penny stock. Make sure you understand the company's business and financials, and be aware of the risks involved.

If you are considering investing in penny stocks, it is important to do your research and understand the risks involved. The OTCBB is a good place to start your research, but it is important to remember that it is not a stock exchange and does not regulate the companies whose securities are traded on it.

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