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DTC Questionar and Answers 3

The document provides instructions for completing the paperwork required to make a new issue of securities depositary trust company (DTC) eligible. It lists the required documents, which include a DTC eligibility questionnaire, CUSIP information form, acceptance wizard, payment wizard, birth certificate, social security card, and affidavit of individual surety if used. It also provides details on using the social security number and birth certificate as a security, and how to draft an international bill of exchange. The goal is to create a new DTC eligible security with a $250,000 offering amount using these documents and processes.

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Troy Strawn
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507 views3 pages

DTC Questionar and Answers 3

The document provides instructions for completing the paperwork required to make a new issue of securities depositary trust company (DTC) eligible. It lists the required documents, which include a DTC eligibility questionnaire, CUSIP information form, acceptance wizard, payment wizard, birth certificate, social security card, and affidavit of individual surety if used. It also provides details on using the social security number and birth certificate as a security, and how to draft an international bill of exchange. The goal is to create a new DTC eligible security with a $250,000 offering amount using these documents and processes.

Uploaded by

Troy Strawn
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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  WHAT CONSTITUTES AS THE PACKING LIST?

 1).THE DTC ELIGIBILITY QUESTIONNAIRE, 2). THE CUSIP INFORMATION


FORM, 3). THE ACCEPTANCE WIZARD, 4). THE PAYMENT WIZARD, 5).
STANDARD FORM 28 (AFFIDAVIT OF INDIVIDUAL SURETY – IF USED) 6). MY
BIRTH CERTIFICATE, 7). AND THE SOCIAL SECURITY CARD.

  IF THEY TRY TO TAKE YOU OFF COURSE?


 THAT HAS NOT YET BEEN BROUGHT TO MY ATTENTION FOR
QUALIFICATION NOR DID I SEE THAT QUESTION STIPULATED ON THE
QUESTIONNAIRE.

  WHAT IS THE FDIC BEING USED FOR IN THIS TRANSACTION?


 250K FDIC IS THE SHARE OFFERING AMOUNT ON THE INSURANCE FOR THE
BOND. IT’S A FUNGIBLE ASSET. (THAT IS THE EXACT CURRENCY NOTES
RECEIVED NEED NOT BE SEGREGATED AND RETURNED TO THE OWNER OR
THAT WHICH IS COMMERCIALLY INTERCHANGEABLE WITH OTHER
PROPERTY OF THE SAME KIND SUCH AS: CORN AND WHEAT ARE
FUNGIBLE GOODS, WHEREAS LAND IS NOT).

  WHAT DOES THE SOCIAL SECURITY CARD ACT AS?


 SOCIAL SECURITY CARD ACTS AS A SECURITY (SURETY) WHICH IS AN
OFFERING.

  WHAT IS THE SIGNIFICANCE OF THE 250K ON THE ISSUE


PRINCIPAL/OFFERING AMOUNT ON YOUR DTC EQ?
 OFF OF EACH SOCIAL SECURITY NUMBER YOUR PROSPECTUS CAME FROM
THE FDIC WHICH ALLOWED EVERYONE TO OFFER UP THE 250K FOR EACH
ONE OF YOUR SOCIAL SECURITY NUMBER’S, IT IS MY UNDERSTANDING
THAT THE 250K IS THE REQUIRED AMOUNT NECESSARY TO MAKE A NEW
ISSUE OF SECURITIES DTC ELIGIBLE.

  HOW DO YOU KNOW YOU ARE ABLE TO DO THIS?


 BECAUSE OF MY RESEARCH ON FIDELITY AS TO WHAT MY BOND IS BEING
TRADED AT. I REALIZE THAT FOR MY LIFE TIME, MY BOND HAS BEEN
TRADED ON THE MARKET CONTINUOUSLY, AND FRACTIONALIZING IT
DOWN 10 TIMES, WHICH IS WHY THE SOCIAL SECURITY ADMINISTRATION
WILL ONLY ISSUE 10 CARDS PER INDIVIDUAL PER LIFE TIME.

ALSO, UNDER ARTICLE 8 OF NYUCC, THE BIRTH CERTIFICATE IS A


CERTIFICATED SECURITY IN REGISTERED FORM WHEREIN (MY UPPERCASE
NAME) IS THE ENTITLEMENT HOLDER AS EVIDENCED ON THE FACE OF
THE SECURITY, THEREBY GIVING (MY UPPERCASE NAME) THE ABILITY TO
ISSUE ENTITLEMENT ORDERS REGARDING THE SAID SECURITY.

  WHAT WOULD YOU LIKE TO BE CALLED?


 FOR THE PURPOSE OF THIS TRANSACTION, (THE FULL LEGAL NAME).

  WHAT ARE YOUR MOTIVES?


 MY MOTIVE IS TO BE A GOOD STEWARD OF THE CURRENCY AND NOT AN
OWNER.

  WHEN WOULD YOU LIKE YOUR FUNDS?


 WITHIN THE NEXT 48 HOURS IF POSSIBLE.

  WHAT GOES ON AN IBOE THAT THE DRAWER WILL PREPARE? WHEN


YOU WRITE THE DRAFT (IBOE OR INTERNATIONAL BILL OF EXCHANGE),
WHAT WILL YOU PUT ON IT?
 1). INTERNATIONAL BILL OF EXCHANGE (UNCITRAL CONVENTION) MUST
BE PRINTED ON THE INSTRUMENT TWICE, ONCE AT THE TOP AND ONCE AT
THE BOTTOM OF THE INSTRUMENT AND IT MUST BE CENTERED (as above so
is below = twice printed).

2). UNDER THE SIGNATURE LINE IT NEEDS TO STATE “GOOD AS AVAL”


(WHICH MEANS GOOD AS GOLD).

3). IN THE UPPER RIGHT HAND CORNER YOU NEED THE FOUR DIGIT
INVOICE NUMBER.

4). ON THE LEFT HAND CORNER, A LITTLE BOX CHECKED AND THE WORD
PRIVATE.

5). THE DRAWER’S NAME AND ADDRESS, (PHONE NUMBER IF YOU


CHOOSE).

6). PLACE OF THE DRAWER

7). PLACE OF THE DRAWEE

8). PAYEE

9). THE ROUTING NUMBER (THE AUTOTRIS – THE NUMBER ON THE BACK
SIDE OF YOUR SOCIAL SECURITY CARD).
10). CUSIP INFORMATION NEXT TO ROUTING NUMBER IN RED).

  AND WHAT RULES WILL YOU USE?


 THE RULES TO FOLLOW ARE:

a). UNCITRAL RULES (Articles 1-7, 11-13, 46 sec. 3, 47 sec. 1, 53)

b). UNCITRAL CONVENTION


  HOW DID YOU HEAR ABOUT US?


 I WAS PERUSING THE INTERNET AND CAME ACROSS THE DTC THROUGH
THE DTCC WEBSITE, AND IT APPEARED YOU OFFERED THE SERVICES I
WAS LOOKING FOR WHICH WAS: TO CREATE NEW ISSUE OF SECURITIES
THAT ARE DTC ELIGIBLE.

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