Transfer agents and registrars for common stock certificates are usually
A) brokerage firms.
B) insurance companies.
C) mutual funds.
D) banks.

Question

Quizplus · Accepted Answer

Banks are typically the transfer agents and registrars for common stock certificates. They maintain records of stock ownership, handle the transfer of ownership between buyers and sellers, and ensure that dividends are paid to shareholders.

Transfer Agents and Registrars for Common Stock Certificates Are Usually