4/10/2023 0 Comments Dtransfer com![]() ➜ Learn More Internet Proxy Voting Instructions Its use protects the issuer of the security the owner(s) of the security and stock transfer agents because a guarantee limits their liability and losses if a signature turns out to be forged. Medallion Signature Guarantees are used to authenticate the signature and capacity of a person requesting the redemption or transfer of securities. ➜Learn More Medallion Signature Guarantees ![]() Fill out our Lost Certificate forms packet and return it West Coast Stock Transfer to start the replacement process. A few forms need to be submitted, some of which need to be signed in the presence of a notary. Restricted securities will commonly contain a restricted legend, but it is important to understand that the absence of a restricted legend does not always mean the shares are not restricted. The most common source of restricted securities are those that were acquired directly or indirectly from the issuer in a transaction not involving a public offering. ➜ Learn More Restricted Securities & Restriction Removals While West Coast Stock Transfer cannot buy or sell stock on your behalf, your Broker/Dealer is welcome to use our services if you prefer your certificates and inquiries to be handled by our friendly staff. Stock Transfer Agents are not Broker/Dealers. Shareholders can access up-to-date position reports via the Shareholder Login on this site. These important roles allow us to better address shareholder needs. Our main roles include issuing and cancelling stock certificates to reflect ownership changes, act as an intermediary for the company, handle lost or destroyed certificates, and assist with restriction removals. The primary purpose of this system is to increase the efficiency and fairness of the securities market for the benefit of investors, corporations, and the economy by accelerating the receipt, acceptance, dissemination, and analysis of time-sensitive corporate information filed with the agency.Ī stock transfer agent is an unbiased intermediary between an issuer and its shareholders. ➜ Learn More Benefits of Filing EDGAR & XBRL with West Coast Stock Transfer Contact us today for more information regarding how we can assist you to obtain DTC eligibility. When considering an up-list, exchanges such as NYSE and NASDAQ require DTC eligibility. If an issuer is not DTC eligible then its shares cannot be transferred between brokerage accounts electronically. Prerequisite for Lenders and Investment Banks when raising capital or incur penalties.Avoiding brokerage fees for physical certificate deposits.Reducing shareholders stock deposit time into a brokerage account from weeks to hours.Zero concerns regarding fraudulent activity concerning lost certificates or the cost to replace the lost certificate.With the ever-increasing burdens placed upon corporate executives to adhere to tightening regulations, it is also imperative that your transfer agent is knowledgeable and capable of helping ease those burdens.ĭTC eligibility refers to a public company’s securities being eligible for deposit into the Depository Trust Company (DTC), the largest securities depository in the world.īenefits of becoming DTC eligible and allowing for electronic transfer and deposits include: Transfer Agent ServicesĪ dependable transfer agent is invaluable in creating and maintaining a positive relationship with your shareholders. West Coast Stock Transfer offers a suite of complementary services to expedite all your shareholder registry needs and regulatory reporting so you can focus on growing your business. We’ll simplify your Registered Agent, EDGAR Filing, and XBRL needs so you can focus on growing your business. In addition to traditional stock transfer agency services we provide a suite of additional services to simply your regulatory filing requirements including EDGAR filings and XBRL so you can focus on growing your business.Ĭhoose an experienced stock transfer agent partner that understands the increasingly complex marketplace and will help your company manage the demands of shareholders accordingly. Our clients include publicly exchange-listed companies as well as over-the-counter securities, private companies, and their shareholders. Our firm is approved for DTC’s Fast Automated Securities Transfer Program (FAST) and their Direct Registration System (DRS). Securities and Exchange Commission and authorized to conduct stock transfer transactions with the Depository Trust & Clearing Corporation (DTC). West Coast Stock Transfer is a full-service stock transfer agent based in California specializing in unparalleled customer service with a simple low-cost approach.
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