Wednesday, November 21, 2012

DTCC and STA Agree on Protocol for Presentment of Physical Securities

The Depository Trust & Clearing Corporation (DTCC) announced that is has come to an agreement with representatives of the Securities Transfer Association (STA) on the protocol for the presentment of evidence of ownership in lieu of physical certificates which are currently inaccessible in DTCC’s 55 Water Street offices. The agreement balances the needs of the transfer agents and issuers, while facilitating DTCC’s ability to efficiently continue physical processing on behalf of the … [visit site to read more]


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