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According
to Section 17A(d)(1) of the Securities Exchange Act of
1934, it is your responsibility
to maintain current and accurate master securityholder files
for the debt securities for which it acted as transfer agent.
In particular, you must verify that the actual payments
processed were accurately recorded in the master
securityholder files. Additionally, the principal balances in
the master securityholder files must be reconciled with the
control book.
TranStar, in conjunction with RegiStar (Registrar Control) will
enable your organization to efficiently and accurately maintain
control book balances. The RegiStar solution is a standalone
application, keeping your master securityholder balances
separate from your control book.
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