Latest Updates

IRS Announces Draft of New Form for US Issuers to Report Cost Basis of Securities.
The IRS has released a new draft of Form 937 which issuers use to report corporate actions affecting the cost basis of securities. Draft instructions which were released a few weeks ago are available as well. Read More..

New CDS Fees for ISIN Issuance and Eligibility/Nouveaux frais de la CDS afférents à l’émission
Effective November 1, 2011, CDS fees for ISIN Issuance and Eligibility, Confirmation of Registered Holdings and Holders of Record Reports services will increase. The new fees are as follows: Click here Read More..

Issuers! Learn about "The Hub"
On November 17, 2011 at 2:00 PM EST, the Securities Transfer Association will be hosting a Free Webinar: Overview of the Proxy Beneficial Shareholder Aggregation Hub (The Hub). In the next session of the STA’s free webinar series, Joe Trezza of Seagull Securities Consulting will provide an overview of the proxy-plumbing concept dubbed “The Hub”. Topics will include: background of pending changes to proxy-plumbing, the Hub concept, processing workflow, potential Hub providers, benefits to transfer agents and issuers, and next steps. Who should attend the webinar? Issuers, account administrators, transfer agent and proxy operations staff members, and senior staff managers. Issuers are urged to register early. The last STA webinar attracted over 200 attendees. STA... Read More..