Series 53: 6.3.5.2. Transfer Execution

6.3.5.2. Transfer Execution

Within three business days following the validation of a transfer instruction, the carrying party must complete the transfer of the account to the receiving party.

If the customer’s account includes any nontransferable assets, the carrying party must request further instructions from the customer as to how to dispose of the assets. The customer must decide between liquidating the assets, keeping them with the car