The OTC Markets Group organizes securities into tiers based on the quality and frequency of information the company discloses to the public .
: Small or startup companies often cannot afford the millions in listing fees and ongoing compliance costs associated with the NYSE or Nasdaq . buying pink sheet stocks
: Reputable international corporations like Nestlé and Volkswagen trade here to avoid the high costs and complex regulatory filings required for a full U.S. exchange listing . The OTC Markets Group organizes securities into tiers