Examination Response #6
This July 1, 2025 letter responds to staff's June 27 document request. It addresses controls over authorized supply, the recording of issue dates and investor information, and the documentation used when holdings are revoked or reissued.
Topics covered
- Manual and proposed automated controls preventing issued shares from exceeding authorization
- Ledger activity for securityholders whose positions were imported into the system
- Recording issue or acquisition dates in internal investor records
- Reconciliation of public account positions with personally identifying records
- Capitalization-table omissions involving minor or beneficial ownership
- Revocation, reissuance, claimable balances, and supporting authorization records