Securities Transfer Association


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Securities Transfer Association

A professional organization of transfer agents in the United States and Canada. Transfer agents are responsible for smooth transfers in securities (e.g. issuing certificates reflecting changes in ownership); the STA is thus charged with providing a forum for the exchange of information that may prove useful to this business. For example, it publishes books and holds educational events for transfer agents. It also sponsors the Medallion Stamp Program, which seeks to protect investors from securities fraud. It is based in Hazlet, New Jersey.

Securities Transfer Association (STA)

The trade association for bank and independent transfer agents and corporate transfer agents who undertake the service for their own corporations.
References in periodicals archive ?
STAMP is a program approved by the Securities Transfer Association that enables participating financial institutions to guarantee signatures.
DTCC has worked closely over the past several months with a broad coalition of market participants to develop the initial business requirements for enhancing CBRS, including hosting an industry steering committee that includes broker/dealers, transfer agents, mutual fund companies and industry organizations such as the Investment Company Institute, the Securities Transfer Association, and the Shareholder Services Association.
Loeb has also been advised that, because shareholders will not generally be able to demonstrate whether the shares they purchased after the record date may be voted more than once at a meeting, there are accepted protocols among members of the Securities Transfer Association of Canada (STAC) for addressing this matter.