Category: Corporate Action

Do I need to escheat shares and certificates for my company to the states?
  • Admin
  • Sep 25, 2023
Company leaders have a number of financial and administrative responsibilities, and escheatment often gets overlooked. It's not as frequently discussed as tax or compliance matters, but failing to und....
Are All Shareholder Payments Escheatable?
  • Admin
  • Sep 25, 2023
The financial responsibilities of issuers don’t end once they distribute payments to their shareholders. Escheatment laws are commonly overlooked but critically important.  This process, which d....
An Overview of Upcoming Changes To FINRA’S Corporate Action Notification Process
  • Admin
  • May 16, 2023
Financial institutions and other clients who need to comply with the Financial Industry Regulatory Authority (FINRA) rules and regulations should be aware of upcoming changes to its Corporate Actions ....
SEC Denies Anticipated OTC Expert Market
  • Admin
  • Sep 09, 2021
The proposed OTC Expert Market has been officially denied by the Securities and Exchange Commission (SEC).  Earlier this August, the SEC issued a decision on a proposed order that would provide condi....
DTC CUSIP Eligibility Fee on Corporate Actions
  • Dan Carter
  • Jan 07, 2016
The Depository Trust and Clearing Corporation (DTC) recently proposed Rule SR-DTC-2015-012 regarding CUSIP eligibility that went into effect on January 1st, 2016. The proposed rule allows DTC to charg....
Corporate Action Changes: FINRA Rule 6490
  • Admin
  • Sep 27, 2010
The Financial Industry Regulatory Authority, or FINRA, made key changes in the way corporate actions are handled this past year, including eliminating time-consuming paperwork and adding issuer fees f....