NEW YORK, June 20, 2016 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, today announced The J.G. Wentworth Company® (OTCQX: JGWE), a diversified financial services company, has qualified to trade on the OTCQX® Best Market. The J.G. Wentworth Company previously traded on the New York Stock Exchange.
The J.G. Wentworth Company begins trading today on OTCQX under the symbol "JGWE." U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.
"Trading on OTCQX will allow The J.G. Wentworth Company to continue to provide an efficient and transparent trading and information experience for its investors," said Jason Paltrowitz, Executive Vice President of Corporate Services at OTC Markets Group. "We are pleased to welcome the company to the OTCQX family."
Pepper Hamilton LLP serves as The J.G. Wentworth Company's OTCQX Advisor, providing professional guidance on OTCQX requirements and U.S. securities laws.
The J.G. Wentworth Company® is a diversified financial services company that specializes in providing solutions to consumers in need of cash. The company's direct-to-consumer businesses use the internet, television, direct mail and other channels to offer a variety of solutions, including structured settlement payment purchasing, mortgage origination (both purchase and refinancing), prepaid cards and access to personal lending. The company warehouses, securitizes, sells or otherwise finances the financial assets that it purchases / originates in transactions that are designed to ultimately generate cash proceeds to the company that exceed the cost of the assets originated.
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates the OTCQX® Best Market, the OTCQB® Venture Market, and the Pink® Open Market for 10,000 U.S. and global securities. Through OTC Link® ATS, we connect a diverse network of broker-dealers that provide liquidity and execution services. We enable investors to easily trade through the broker of their choice and empower companies to improve the quality of information available for investors.
To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com
OTC Link ATS is operated by OTC Link LLC, member FINRA/SIPC and SEC regulated ATS.
OTC Markets Group Inc., +1 (212) 896-4428, email@example.com
The J.G. Wentworth Company®
Erik Hartwell, VP, Investor Relations
The Glover Park Group
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SOURCE OTC Markets Group Inc.