| Course Name |
Description |
| Reorganization Service 101: Fundamentals |
- Mandatory reorganizations
- Unit investment trust services
- Redemptions
- Lotteries
|
| Reorganization Service 102: Mandatory Reorganizations |
- DTC's role in processing mandatory reorganizations
- Types of mandatory reorganizations processed by DTC
- Processing and viewing mandatory reorganizations
|
| Reorganization Service 103: Unit Investment Trust Services |
- Purpose and benefits of the Unit Investment Trust Service
- DTC's Investors' Voluntary Redemption and Sales (IVORS) process
- Surrendering of whole units
- Viewing the status of an IVORS redemption
- Benefits of DTC's Change Mode of Payment (CMOP)
|
| Reorganization Service 104: Redemption Service and Lotteries |
- Differences between redemptions and maturities
- How the Redemption Service works
- Redemption announcements and allocations
- Processing maturities and full calls
- Purpose of lotteries and call lottery process
- Processing of partial calls
- Processing of other lottery types
- Rules for recalling securities
- Use of contra-CUSIPs
- PTS functions and comparable applications used to identify lotteries
|
| Reorganization Service 201: Voluntary Reorganizations |
- Types of voluntary reorganizations processed by DTC
- Viewing voluntary reorganization announcements
|
| Reorganization Service 202: Tender Offers |
- Purpose of DTC's Automated Tender Offer Program (ATOP)
- Use of contra-CUSIPs in tender offer processing
- Participant notification of eligible tender offers
- PTS functions used to tender offers
- Submitting tender instruction using PTS or PBS
- Submitting a protect and cover of protect using PBS
|
| Reorganization Service 203: Conversions |
- Processing of conversions at DTC
- PTS functions used for conversion processing
- Benefts of using the Conversion program
- Viewing securities eligble for the DTC Conversion program using PTS
- Submitting conversion instructions
|
| Reorganization Service 204: Rights Subscriptions |
- Purpose of DTC's ASOP program
- How DTC distributes rights
- How DTC distributes the underlying securities
- Subscription subaccounts
- Schedule for submitting instructions
- Things to note when viewing an ASOP-eligible offer
- PTS functiosn used for rights processing
- Accepting a rights offer
- Submitting a cover of protect to DTC using PTS
|
| Reorganization Service 205: Put Options |
- How DTC's Put program works
- Different types of put options
- PTS functions used for puts processing
- Viewing the details of a put offer using PTS
- Submitting put instructions using PTS
|
| Reorganization Service 206: Warrants |
- How DTC's Warrants program works
- PTS functions used for warrants processing
- Viewing eligible warrants using PTS
- Exercising warrants using PTS
|
| Reorganization Service 207: Unit Swingovers |
- How DTC's Unit program works
- PTS functions used for Unit processing
- Viewing the components of a Unit using PTS
- Separating a unit using PTS
- Combining unit components
|
| Reorganization Service 301: Mandatory Reorganization Deposits |
- Features of Mandatory Reorganization Deposits
- Steps in a mandatory reorganization
- PTS functions REOG and POS
- Tracking an existing reorganization deposit using PTS
|
| Reorganization Service 302: Proxy Services |
- Purpose of the Proxy Service
- Proxy process
- Other shareholder/bondholder services available
- Processing of Dissenters' Rights/Appraisal Rights
- PTS functions used for proxy processing
- Viewing new proxy announcements
|
| Reorganization Service 303: Global Corporate Actions Validation Service |
- Purpose of the Global Corporate Actions Validation (GCAV) Service
- Benefits of the Validation and Enrichment process
- GCAV service process
- Composite records
|
| Reorganization Service 304: Positional Removal Service |
- Purpose of the positional removal (PREM) function in PTS
- Determining when the PREM function should be used
- Criteria for PREM eligibility
- Removing a security using the PREM function
|
| Reorganization Service 305: RTOP Program |
- Purpose and users of Release Transactions over PTS (RTOP) function
- When to use RTOP
- Releasing a pending transaction
- Viewing the Release Transaction page
|
| Reorganization Service 306: Risk Analysis Service |
- Displaying types of expirations and voluntary actions using the PTS function RANA
- When to use RANA
- Viewing the risk analysis inquiry screen
|
| Reorganization Service 307: Legal Notices |
- Purpose of the Legal Notice System (LENS)
- Using the PTS function LENP
- Viewing a legal notice on the Web
|
| Reorganization Service 308: Case Studies |
- Mandatory reorganization deposits
- Proxy service
- Global Corporate Actions (GCA) Validation service
- Positional Removal service
- RTOP Program
- Risk analysis
- Legal notices
|
