Thursday, February 09, 2012 1:24:46 PM
Transfer Agent Eligibility:
The following criteria must be met by a transfer agent (whether commercial transfer agent or an issuer-own agent) to be eligible to process transactions in DRS/Profile:
Become a limited participant of DTC
Participate in DTC's Fast Automated Transfer Program (FAST) program
Provide a Direct Mail by Agent (DMA) function
Have electronic communication links with DTC
Receive training on DRS and Profile
Participate in a Surety program to initiate Profile transactions.
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