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Investor Relations
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Posted: December 4, 2007
As you may already be aware, the NASDAQ,AMEX and New York Stock Exchange have passed a new listing requirement that all listed companies must become “DRS Eligible” by January 1, 2008. To meet this requirement, you must:
You do not have to participate in the drs system to be considered “DRS Eligible”. However, you must notify R&T that:
Letters have been sent to all clients that have listed securities with an attachment that should be signed and returned to R&T. Once we receive your notice,we will contact DTC, who will, in turn, notify the appropriate exchange. If you fail to notify R&T by January 1, 2008, your listing Exchange may sanction your company, possibly resulting in fines, and may ultimately de-list your security.
If you have any questions on the DRS process, please contact either your Account Executive or Tom Montrone, 908-497-2333.
Posted: September 14, 2007
As a result of the new regulations, advanced technology and increased use of the Internet by shareholders, issuers are now able to provide annual meeting materials via the Internet to help reduce the expense of the annual meeting process. Working together, Registrar and Transfer Company (R&T) and Commerce Financial Printers (CFP) have developed electronic delivery services to help our clients take advantage of cost saving opportunities and to meet regulatory obligations.
For more information, check out our brochure.