Blog

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EDT
Save Time and Money This Press Release Season with Colonial Stock Transfer! Are you weary of paying overage fees and would rather have a flat rate? Would you like to reduce the costs of nationwide coverage? Do you want to increase traffic to your website? By making Colonial Stock Transfer your press release and newswire […]
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Colonial recently performed a side by side analysis of XBRL in 10-Q and 10-K filings submitted by our competitors. The analysis presents two examples where incorrect tags were placed and the potential remedies. Each example included different inconsistencies at different locations within the financial statements. As shown in the analysis, there could be many tags […]
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Follow the corporation’s explicit stock transfer processes Refer to the corporation’s bylaws or buy-sell agreement between the shareholders and the transfer of shareholder ownership. Many well-run S corporations limit stock transfers to preserve a corporation’s sub-chapter from any revocation via the accidental stock transfer to ineligible parties. An S corporation might require third party approval […]
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The Securities and Exchanges Commission (“SEC) has agreed to draft rules under the Jumpstart Our Business Startups (JOBS) Act to allow companies to offer and sell securities through crowdfunding. SEC Chair Mary Jo White stated that the intent of the JOBS Act is to make it easier for start-up companies and small business to obtain […]
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DTCC (“DTC”) released a press release on March 12, 2013 regarding the proposed steps to continue with the dematerialization of physical securities in the United States. The proposals specifically relate to physical certificate elimination, which will help to lower costs and mitigate risk for the individual shareholder and the issuer. In the press release, DTC […]
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The Securities Transfer Association (STA) has commented on the broker fee increase proposal submitted by the NYSE PFAC committee and has disagreed on several points. With an 18-month effort by NYSE PFAC to review and update the broker proxy fee schedule, the STA has recommended that the fee proposal should be disapproved for several reasons: […]
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The NYSE proposes a beneficial holder proxy fee increase to be charged to issuers by brokers (Broadridge). These proposals result in several fee increases that affect both large and small issuers. Here are some of the notable changes and increases: Intermediary Unit Fees – There was a 28% increase for issuers with under 10,000 accounts. […]
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On October 13, 1987, Colonial Stock Transfer began what continues to be an amazing journey since the company signed its first client to transfer agent services. As we mark the 25th anniversary of those first stock transfers, we wanted to express our appreciation and our gratitude to all of our employees, friends, and clients. Thanks […]
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Regular shareholder meetings are an important part of investing in a company. Based on the company’s performance, investors can gauge how much to invest in the future. If shareholders are unable to attend the meeting, they should educate themselves properly by reading the proxy statement before voting on proposals. A stock transfer agent can guide […]
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Currently, thousands of companies or their consultants are dealing with the burden of filing financials in XBRL (eXtensible Business Reporting Language) formats. We have several tips gathered from industry experts, including SEC staff to help you better prepare your financials and produce more accurate and better quality filings. 1. Prepare your financials properly. A large […]