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Re: None

Tuesday, 04/03/2018 12:53:16 PM

Tuesday, April 03, 2018 12:53:16 PM

Post# of 749756
WOW - DTC CHARGES $0.17/month FOR ESCROW CUSIPS

IS IT NOT AMAZING WHY WMILT USING DTC TO HELD ESCROW CUSIPS?

"Effective January 2, 2007, DTC will enable all existing Escrow CUSIPs, created as a result of a Mandatory
Corporate Action, to become PREM eligible. This will allow participants to PREM their positions in those
issues. Participants are cautioned that positions in these CUSIPs incur a long position surcharge of $0.17
per month. Once an Escrow CUSIP has been PREM eligible for six years, it will automatically incur a long
position fee of $7 per month. All of these charges can be avoided by using the PREM function to remove
the position at your earliest convenience.
Should any of these CUSIPS actually distribute proceeds, DTC will reverse the PREMed positions and
credit the participants appropriately
."

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