SOURCE: Pink Sheets, LLC

February 21, 2007 09:00 ET

Pink Sheets Accepts Sichenzia Ross Friedman Ference as OTCQX Attorney DAD

NEW YORK, NY -- (MARKET WIRE) -- February 21, 2007 -- Pink Sheets, LLC today announced that Sichenzia Ross Friedman Ference, a New York City-based law firm that specializes in corporate and securities law, has been accepted as an Attorney Designated Advisor for Disclosure (DAD) for OTCQX listed companies. As a DAD, Sichenzia Ross Friedman Ference will provide general corporate legal advice with respect to clients' OTCQX listing requirements, as well as securities law compliance, generally.

"We are delighted to approve Sichenzia Ross Friedman Ference as an Attorney DAD on OTCQX. Sichenzia Ross Friedman Ference will bring to the Attorney DAD process disclosure advice that we hope will help distinguish OTCQX issuers from the rest of the OTC market," commented Cromwell Coulson, Chairman and CEO of Pink Sheets.

The OTCQX is a new market tier offered by Pink Sheets that provides a premier trading, quotation and disclosure venue for the securities of the highest quality companies in the U.S. OTC markets. Companies that have substantial operating businesses and provide credible disclosure to the public may qualify for the premium tier OTCQX, which commences trading on March 5, 2007. Each OTCQX company must nominate either an Investment Banker or an Attorney as their DAD to advise them in providing disclosure to the market and meeting the OTCQX listing requirements. The DAD advisory role will bolster investor confidence in the quality of OTCQX issuer disclosure.

About Sichenzia Ross Friedman Ference

Sichenzia Ross Friedman Ference LLP provides experienced professional representation in all matters involving the securities industry, as well as in all general corporate and litigation matters. SRFF's clients range from start-ups to established, listed companies. They include private and public corporations, partnerships, broker-dealers, bank-affiliated broker-dealers, investment advisers, registered personnel, public and corporate customers and investors, partnerships and other entities. SRFF also advises institutional investors on transactions involving complex securities law considerations. SRFF's areas of expertise include securities offerings, including PIPEs, corporate and commercial transactions, securities litigation and arbitration, administrative practice before regulatory agencies, mergers and acquisitions, and broker dealer regulation. For more information on the firm, visit


An alternative to listing on traditional exchanges, OTCQX is a new market tier for issuers of securities that are traded in the over-the-counter (OTC) markets. The OTCQX trading, quotation and disclosure platform, comprised of the PremierQX and PrimeQX tiers, is designed to distinguish strong public companies from the nearly tens of thousands of securities traded on OTC. Additional information is available at

About Pink Sheets, LLC

Pink Sheets, LLC is the leading provider of services, software and financial information for the OTC securities markets. Its electronic quotation, trading and disclosure services enhance the efficiency of OTC trading, provide better executions for OTC investors and improve the capital formation process for OTC issuers. For more information visit the Pink Sheets website at

Contact Information

  • Contact:
    Issuer Services
    Pink Sheets, LLC
    (212) 896-4400
    Email Contact