Changes In The World Of Transfer Agents Good News For Issuers
Unfortunately the relationship between transfer agents and the companies and investors with which they do business isnt always peaches and cream. As of late, it seems as if the industry is suffering overcapacity, lack of trained service people, and ill communication between agent systems have led to frustration on both ends. But that doesnt mean there isnt any good news in the world of transfer agents.
For instance, the Securities Transfer Association (STA) now has a website offering information for investors and there is a trend toward strengthening agent systems to avoid confusion, costly mistakes, and other problems that plague the transfer agent industry. Although every company does need a transfer agent, pressure from the competition (brokers and asset managers) will hopefully encourage the industry to improve current circumstances.
The transfer agent enterprise is actually a very simple one, so its worthwhile to continue using the services it provides to your advantage. Transfer agents that know how to keep things uncomplicated and straightforward are coming to the forefront and,...
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