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Re: None

Thursday, 01/25/2018 10:23:51 AM

Thursday, January 25, 2018 10:23:51 AM

Post# of 38067
If a reorganization such as a corporate merger or tender offer occurs, DTC handles the transfer of cash and stock to the appropriate investment bank or broker/dealer, which then passes it on to their investors. By maintaining custody of eligible securities, DTC eliminates the risk of a missed election on a corporate action, or a missed