AST Added To OTC Markets’ Transfer Agent Verified Shares Program
Last week, OTC Markets Group announced that AST has joined their Transfer Agent Verified Shares Program. This latest addition to OTC Markets’ portfolio of leading transfer agents advances their mission to improve the availability and accuracy of share data for OTCQX®, OTCQB® and Pink® securities.
OTC Markets Group launched the Transfer Agent Verified Shares Program initiative with the goal of providing investors current and reliable share data on OTCQX, OTCQB and Pink securities. The program enables stock transfer agents to report their clients’ share data, including authorized and outstanding shares, to OTC Markets Group on a regular basis via a secure, electronic file transfer.
Share data provided by transfer agents is displayed on http://www.otcmarkets.com alongside a “Verified” logo, indicating the information is reliable and trustworthy. This data is also disseminated through OTC Markets Group’s market data feeds to investors and broker-dealers.
Currently, 78% of US companies trading on the OTCQX and OTCQB markets are represented by 20 participating transfer agents.
“We are pleased to welcome AST to take part in the Transfer Agent Verified Shares Program,” said Liz Heese, Executive Vice President of Issuer and Information Services at OTC Markets Group. “As one of the largest providers of transfer agent and shareholder services, including AST among our leading portfolio of transfer agents complements our goal of providing broker-dealers and investors with comprehensive, credible share data to make more informed investment decisions.”
“As a leading provider of technology-enabled professional services, AST values transparency in the marketplace,” said Robert Carney, President of Issuer & Investor Services at AST. “Expanding access to share data through OTC Markets’ Transfer Agent Verified Shares Program corresponds with AST’s goal of using data and technology to transform issuer-investor relationships.”
Transfer agents participating in the Program include:
Broadridge Financial Solutions, Inc.
Colonial Stock Transfer Co. Inc.
Continental Stock Transfer & Trust
Corporate Stock Transfer
Direct Transfer LLC
Empire Stock Transfer Inc.
Equity Stock Transfer
Island Stock Transfer
National Issuer Services, Inc.
Nevada Agency and Transfer Company
New Horizon Transfer, Inc.
Olde Monmouth Stock Transfer
Transfer Online, Inc.
West Coast Stock Transfer, Inc.
Worldwide Stock Transfer, LLC
Learn more Here.