Series 99: 1.2.5.1 The Transfer Agent

Taken from our Series 99 Top-off Online Guide

1.2.5.1 The Transfer Agent

Companies typically keep track of their securities issues by hiring a transfer agent, which is usually a bank or trust company. The transfer agent records who owns shares and in what form, recording changes of ownership (transfers) as they occur. Since the transaction will not be recorded without the transfer agent’s stamp of approval, each aspect of delivery must be approved by the agent. The transfer agent cancels stock and bond certificates surrendered by the seller and issues new ones in the name of the buyer. It also may pay dividends and mail proxy materials on behalf of

+ Read More

More Series 99 Info

What are people saying?

Create an Account

Since you're reading about Series 99: 1.2.5.1 The Transfer Agent, you might also be interested in:

Series 66 - Treasury Bills

Series 66 - 5.3.2.3. Education Savings Bond Program

Series 66 - 9.4.7.1 Best Practices for Forming a Cybersecurity Plan

Series 52 - Limitations on Gifts, Gratuities, and Non-Cash Compensation

Series 24 - Keogh Plans (HR-10 Plans)

Please Enable Javascript
to view this content!

Site Login

TESTIMONIALS

What are people saying?

I studied for both the SIE and the Series 99 with Solomon. Both texts more than prepared me for the exam. The practice questions in particular were extremely helpful and were even a bit more challenging than the actual exams. After reading and annotating both textbooks twice and taking each quiz multiple times to the point that I received high scores on each, I was confident taking the exam. Although there were a few questions here and there on the exams that seemed to be outside the scope of the material and had some differently worded questions, the quiz questions were quite in line with the actual exam. I passed both exams my first try. I highly recommend Solomon study material.

Eric Cunningham PNC Pittsburgh, PA

I passed my exam! The Solomon practice tests were equal or hard than the Series 99 questions which helped me crush it! Solomon was a 10/10 experience and I will definitely recommend it to any friends and work peers. It was lifechanging.

Alyssia Simpson. Denver, CO.

For the Series 99 I bought and studied the STC and the Kaplan study manuals and test banks but I pattern matching questions versus fundamentally understanding the content. I stumbled upon the Solomon test bank during a Google search and I am glad that I did. The Solomon test bank went into a lot more detail in the answers which allowed me to better understand the actual content versus just pattern recognition in the questions. Some have said that the Solomon test bank is harder than the test which I think may be true but learning the content at this level of detail is how I was able to feel confident walking in and walking out with a pass on the first attempt.

Garry Kindred Denver, CO

I sat for the Series 66 on March 16th. I got an 85. I give all kudos to Solomon. The study materials were excellent.

William Crull, Metairie, LA

My sincere thanks and appreciation to the team at Solomon. I've used your materials to pass the SIE and Series 6, both on the first try, and today with your help, I have passed the Series 26 exam on the first try as well! Thank you for the excellent materials and assistance!

Kristina Ribali, MWA Financial Services. Ave Maria, FL

I passed the Series 52 with flying colors using the Solomon program! I used the audio, book, and took many exams. I felt very well prepared going to the test and would recommend this program to anyone!

Tanya Farber, Ameriprise Financial, Minneapolis, MN