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 DWAC System
The Depository Clearing Corp. (DTC) operates the Deposit/Withdrawal at Custodian transaction system (DTC DWAC System) which permits brokers and custodial banks, the DTC participants, to request the movement of shares to or from the issuers stock transfer agent electronically. This program allow shareholders to hold a security as the registered owner in electronic form on the books of the transfer agent rather than holding a physical certificate.