Program Highlights/Outline
From purchase or sale, the entire securities transfer process is explained and clarified. Involvement and participation by all attendees is encouraged and stressed.
- Scenario of a trade. What occurs?
- Choices/forms of ownership are explained.
- All the steps involved in a physical transfer of securities discussed.
- What does "Cede & Co" stand for? The purpose, history & operations of the Depository Trust & Clearing Corp. How important are they to our industry?
- The Direct Registration System (DRS) What is it? Why should it be utilized? Its implementation. Will it work?
- Potential liabilities from erroneously issued securities. Examples given and reviewed.
- The proper formats for setting up accounts. Joint, Custodial, Trust, Transfer-On-Death registrations discussed and explained.
- "STAMP" Its many benefits. Fully understanding the potential liabilities. Are you utilizing all the equipment?
- Paperless legals. What is still required? What is not? Are there potential liabilities?
- Importance of SEC turn-around regulations. What occurs if not in compliance with. Who is affected. The future of.
- Lost and stolen securities. Potential problems as a result. Why are there so many? The ways that the Securities Information Center (SIC) can be of assistance.
- Registered vs. beneficial ownership. Why are there so many inquiries relating to?
- Question and answer period.
