STAMP (Securities Transfer Agents Medallion Program) and
SEMP (Stock Exchange Medallion Program) Surety Bonds

STAMP and SEMP bonds are signature guarantee bonds that protect an Investor, an Issuer of Securities, or Transfer Agent against fraud. Issuers of Securities and Transfer Agents rely upon the signature guarantee process for the transfer of securities. This process makes the Transfer Agent liable for improper securities registration.

A STAMP bond is used by all signature guarantors. A SEMP bond is used by members of a particular stock exchange.

SEC Rule17 Ad-15 requires that Transfer Agents adopt an equitable methodology for acceptance of signature guarantees from eligible Guarantor institutions.

Click the following link for specifics: http://www.law.uc.edu/CCL/34ActRls/rule17Ad-15.html

Please call us at 617-439-9595 so we can tell you which of our applications and rates are right for you.

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