We are now a DTCC FAST participant agent.
FAST is The Depository Trust Company's Fast Automated Securities Transfer
service. What makes it fast and automated is that it does away with
paperwork and paper securities almost completely, so that securities
transfer agents can electronically
provide custody, transfer, deposit and withdrawal services very quickly and
efficiently.
One feature of FAST is its balancing confirmation system, which delivers a
daily record of the opening position, total credits, total debits and
closing position in each FAST issue involved in a transaction the previous
day.
FAST allows Empire Stock Transfer Inc. to be more competitive with other
transfer agents by providing electronic processing alternatives to physical
processing, such as direct registration (DRS) and Deposit/Withdrawal at
Custodian (DWAC).
As a transfer agent and registrar, we maintain the master security holder file for public and private corporations and manage stock transfers on their behalf. In doing so, we relieve the burden of daily inquiries from shareholders, brokers and clearing agents. We also ensure that compulsory notifications are filed with such agencies as The Depository Trust Company, the FINRA (formerly NASD), and the CUSIP Service Bureau with respect to reorganization and stock issues.
Additional issuer services include:
- Share certificate design and issuance
- Provision of current and historical shareholder information and data
- Proxy tabulation and dividend disbursement
- Shareholder meeting and notification mailing
Please contact us for a fee schedule.
