OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, announced that Corporate Stock Transfer has joined OTC Markets' Transfer Agent Verified Shares Program. This broadens the list of transfer agents that have partnered with OTC Markets Group to provide greater transparency of share information for OTCQX®, OTCQB® and Pink® securities.
The Transfer Agent Verified Shares Program, launched in October 2016, is designed to provide investors with 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 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.
"We are pleased to welcome Corporate Stock Transfer to our TA Verified Shares Program" said Liz Heese, Executive Vice President of Issuer and Information Services at OTC Markets Group. "We are encouraged by the momentum we continue to see as we collaborate with the transfer agent community to improve the quality of share information available for both our issuers and their investors."
"As a customer service focused company, Corporate Stock Transfer finds that cooperating with OTC Markets in the creation of a seamless platform will continue to allow CST to further demonstrate its commitment to client satisfaction and SEC regulatory endorsement in the marketplace," said Caitlyn Bell Van Valin, EVP, Corporate Stock Transfer.
Transfer agents participating in the Program include:
Investors can access verified share data for Corporate Stock Transfer clients on each company's respective quote page at www.otcmarkets.com and via OTC Markets' market data feeds.