SEC Finally Updates Transfer-Agent Regulations; Wall Street Must Avoid a Repeat of the Paperwork Crisis
The Securities and Exchange Commissionâs recent decision to modernize the rules governing transfer agents marks a pivotal shift in how securities ownership is recorded and transferred in the digital age. For decades, the traditional model relied on paper certificates, manual reconciliations, and a handful of centralized intermediaries to keep track of who owned what. That model, while cumbersome,âŠ
Sept. 30, 2026, 11 a.m.