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Re: Royal Dude post# 731389

Sunday, 07/21/2024 2:58:10 PM

Sunday, July 21, 2024 2:58:10 PM

Post# of 731428
This is because the underwriters will accept the Junk at a different time, The Dtcc will still get their cut no mater what date they do it.

B #: 20491-24
Date: 07/12/2024
To: Underwriters, Participants, & Issuers
Category: Asset Services
From: DTC Underwriting
Attention: All Underwriters, Participants, Agents, & Issuers
Subject: DTC Eligibility One-Day Surcharge Late Submission Fee (Fee ID 434)

"This Important Notice is intended to inform Underwriters and Issuers of a change to the DTC
eligibility surcharge when submitting an eligibility request one business day prior to the
scheduled closing date (“One-Day Surcharge”) (see filing SR-DTC-2024-005). Beginning July
29, 2024, issuances that are sold in a private sale will be exempt from the One-Day Surcharge.
Privately transacted securities include (i) issues exempt from Securities and Exchange
Commission registration under Rule 144 A or Regulation S, and (ii) continuously issued
structured note programs drawn down from a CUSIP block provided by CUSIP Global Services
and submitted into DTC as an equity derivative or debt derivative."

https://www.dtcc.com/-/media/Files/pdf/2024/7/12/20491-24.pdf

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