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Co agentAn institution appointed by the issuer as co-transfer agent accepts and transfers certificates and sends daily activity journals to the primary record-keeping agent. A co-agent does not maintain security holder records, but is used to facilitate the transfer of stock in a geographic region not easily accessible to the issuer or its principal transfer agent.Co agent Similar MatchesPaying agentPaying agentAn agent who makes principal and interest payments to bondholders on behalf of the issuer. Company representative (tied agent)Company representative (tied agent)A financial services sales rep, authorised to give financial advice on life assurance, pensions and unit trusts, but only allowed to recommend products from his/her employer. Unlike, IFAs, therefore, tied agents cannot be assumed to give impartial advice.Under the Financial Services Act 1986 all financial advisers must tell prospective clients whether they are tied agents or independent, so that the client knows what kind of advice he is getting.Tied agents are regulated by the Financial Services Authority (FSA). AgentAgentThe decision-maker in a principal-agent relationship. AgentAgentA person appointed by a principal to act on the latter's behalf in business. Transfer agentTransfer agentIndividual or institution a company appoints to look after the transfer of securities. Further SuggestionsUniform securities agent state law examinationInformation Agent Insurance agent Dividend Disbursing Agent tied agent Tied agents Principal agent relationship estate agent |
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