Mountain Share Transfer announces the addition of access to the Depository Trust Clearing Corp.’s ‘DTCC’ Direct Registration System ‘DRS’ and Fast Automated Securities Transfer ‘FAST’ electronic securities transfer programs to the list of services it is now providing its clients. This is part of Mountain Share Transfer’s ongoing efforts to expand the services and product offerings available to its clients and their shareholders following our relocation from our long time home in the Denver, Colorado suburbs to Atlanta, Georgia in the fall of 2012.
DTC DRS System
The DTC Direct Registration System (DRS) provides registered owners with the option of holding their assets on the books and records of the transfer agent in book-entry form. Through DTC DRS, assets can be electronically transferred to and from the transfer agent and broker/dealer. Transfer Agents and other DTC participants can utilize the services of the DRS System. Through the DRS Profile system, an investor’s broker requests securities to be transferred from their book entry DRS account at the issuer or their transfer agent to the investor’s broker’s account at DTC.