TA registration:
law.uc.edu
SEC Rule 17A(c)2-1 promulgated under Section 17A: Application for registration as a transfer agent
General Rules and Regulations promulgated under the Securities Exchange Act of 1934
Rule 17Ac2-1 - Application for Registration of Transfer Agents
a.An application for registration, pursuant to section 17A(c) of the Act, of a transfer agent for which the Commission is the appropriate regulatory agency, as defined in section 3(a)(B) of
the Act, shall be filed with the Commission on Form TA-1, in accordance with the instructions contained therein and shall become effective on the thirtieth day following the date on which the application is filed, unless the Commission takes affirmative action to accelerate, deny or postpone such registration in accordance with the provisions of section 17A(c) of the Act.
b.The filing of any amendment to an application for registration as a transfer agent pursuant to paragraph (a) of this section, which registration has not become effective, shall postpone the
effective date of the registration until the thirtieth day following the date on which the amendment is filed, unless the Commission takes affirmative action to accelerate, deny or postpone the registration in accord- ance with the provisions of section 17A(c) of the Act.
c.If any of the information reported on Form TA-1 or on the SEC Supplement becomes inaccurate, misleading, or incomplete, the registrant shall correct the information by filing an amendment within sixty days following the date on which the information became inaccurate, misleading, or incomplete.
d.Every registration and amendment filed pursuant to this section shall constitute a "report" or "application" within the meaning of sections 17, 17A(c), and 32(a) of the Act.
The company and some posters have made this questionable decision for the company to be self transfering as a positive move. The company recently advised the public they should demand their shares be sent to them. They have not advised whether or not legally they can even act as a transfer agent. I suggest AZNT prove it before shareholders tie up their shares and the ability to sell those shares.
AZNT must verify to all shareholders and the public it is acting in accordance with required registration compliance.
Be very careful! Demand they post the "already" completed application on their website for your own personal security. |
