Salem Now Traded on OTC Markets Group
OTC Markets Group Inc, the operator of regulated markets for trading 12,000 U.S. and international securities, announces that Salem Media Group qualifies to trade on the OTCQX Best Market under the
ticker symbol SALM. Salem Media Group previously traded on NASDAQ. Yahoo!Finance writes, “Trading on the OTCQX Market offers companies efficient, cost-effective access to the U.S. capital markets. Streamlined market requirements for OTCQX are designed to help companies lower the cost and complexity of being publicly traded, while providing transparent trading for their investors. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws.”