Question about the Grey Market?

I’m using Achievable along with another company’s question bank to prep for the test (question diversity) and I ran into a question about the grey market. Not seeing it in the Achievable material. Sounds like its not a heavily tested topic, but I’m curious as to whether there is more information available on this?

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Hi @Warren_Prosacco - the Grey Market is an OTC market where securities with low interest or those currently untraded (e.g., stocks that may be issued in the future to the public) are transacted. We have no indication this market is currently being tested by FINRA, but we’ll keep a close eye on it and will add it to our material if that changes.