OTC Markets Group (OTCQX: OTCM) launched a new transfer agent
program designed to improve the transparency of share information on OTCQX[R], OTCQB[R] and Pink[R] securities, the company said.
The functions of the Balloters and Transfer Agents
are also of important nature as they, on behalf of the issuers, are responsible for keeping and properly maintaining the share register and involved in the issuance and transfer of securities.
Under the draft underwriters rules, only scheduled banks, development finance institutions, housing finance companies, investment finance companies, leasing companies and corporate brokerage houses will be eligible to act as an underwriter whereas under the draft Ballotters and Transfer Agents
Rules, any company with a minimum paid-up capital of Rs 5 million will be eligible to act as a ballotter and transfer agent
Any transfer agents
or other persons requiring additional assistance are encouraged to contact staff at the agencies for individual relief or interpretive guidance.
SAN FRANCISCO -- Wells Fargo Shareowner Services was named the 2010 large agent winner of the Transfer Agent
Leader Overall North America (TALON) award, according to the annual Transfer Agent
Comparison Survey released by Stockholder Consulting Services, Inc.
StockTrans is an industry leading stock transfer agent
and stock benefit plan service provider, helping small and mid-cap companies around the world with their stock transfer and plan administration needs.
Investors often assume their transfer agent
or issuer can supply them with the information.
NEW YORK -- The Bank of New York, a global leader in securities servicing, has been appointed indenture trustee and stock transfer agent
by B&G Foods Holdings Corp.
The change in transfer agents
provides benefits to both the company and its shareholders and is just a part of 21st Century's broader effort to improve the flow of information to its shareholders.
Group Five, a consulting and shareholder research company, conducts the study annually to assess clients' opinions of services provided to registered shareowners by securities transfer agents
Therefore we found it to be critical that we change transfer agents
to a more `boutique' type agent that can cater to us personally.
DTC informs us that both our old and our new transfer agents
are cooperating and that the shares will be restored to our stockholder's brokerage accounts.