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Lost Securityholders

SEC · final-rule · Published 1997-10-07 · Effective 1997-12-08 · 62 FR 52229

Document

Document number
97-26519
Federal Register citation
62 FR 52229
CFR reference
17 CFR 240
Type
Rule
Action
Final rule.
Category
final-rule
Agency
US Securities and Exchange Commission
Publication date
1997-10-07
Effective date
1997-12-08
Docket
Release No. 34-39176

Abstract

The Securities and Exchange Commission is adopting Rule 17Ad- 17 and Rule 17a-24 under the Securities Exchange Act of 1934. Rule 17Ad-17, which is designed to address the problem of ``lost securityholders,'' requires transfer agents to conduct searches in an effort to locate lost securityholders. Rule 17a-24, which is designed to assist the Commission in monitoring the effects of Rule 17Ad-17, requires transfer agents to file information on lost securityholders with the Commission. The rules are designed to reduce the number of lost securityholders.

Source

Authoritative
Federal Register document
Machine
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