recall, this is primarily a TSX venture issue (POETF has less than what? 1/10th the volume?).

so whatever the SEC says, is for the most part irrelevant.

sorry -- until after they successfully invade* Canada, American laws just don't apply here, no matter what you hear on Fox News.

the Canadian landscape has no market makers until graduation to a senior venue (ie, TSX not TSXV).

so, until there's the move to 'DAQ, for "reality" you'll have to have a look at what OSC or IIROC have to say on the subject.

fwiw, the commentary in this article was interesting.

GLAL,

R.

* -- just remember, last time they tried that, we (politely) burned their White House to the ground. ;-)