Share Deposits and Withdrawals
If your security was acquired in an unregistered, private sale from an issuer or from an affiliate of an issuer, then it is restricted. It should bear a restrictive legend which says that you may not resell the shares in the public marketplace unless the sale is exempt from registration requirements.
A security not bearing a restrictive legend which has been registered with the SEC or an exemption to registered was utilized.
All Deposit/Withdraw At Custodian (DWAC) transfers must include a Equity Deposit Questionnaire.
All Direct Registration System (DRS) transfers must include the Equity Deposit Questionnaire as well as the supporting documentation.
All DTC transfers must include an Equity
Deposit Questionnaire. DTC transfers are initiated from
the sending firm. In order to initiate a DTC transfer, you must provide
the sending firm the following information:
Penson Financial Services, Inc.; DTC No. 0234; For
benefit of: Your Account Name
and Account Number
Automated Customer Account Transfer (ACAT) are initiated by the receiving firm. ACATs are used to transfer an account from one brokerage firm to another. In order to initiate an ACAT into your account, complete and mail an original ACAT Form. It is important that you include a copy of your most recent statement from the account you are transferring. Please note that we cannot accept shares of Pink Sheet securities that fall under the categories of Distressed, Dark/Defunct, or Toxic as classified by Pink OTC Markets Inc. on www.otcmarkets.com.