As an In-Force Transaction (IFT), this automated service facilitates changes of the representative of record (REP) within the managing firm requested by the distributor when the representative leaves the firm, retires or when business for a customer account is transitioned to another agent. REP can also be used with the ACATS/IPS (Automated Customer Account Transfer Service/Insurance Processing Service) process to correct agent information.
Representative of Record (REP) is available to firms that are members of DTCC’s National Securities Clearing Corporation (NSCC). Click here for information on how to become a member of NSCC.
With REP through IFT:
To request additional information, please click here.
Read the news about DTCC's REP, an automated service facilitating changes of the representatives of record within the managing firm when the representative leaves the firm.
Get the legal information about DTCC's REP, used with the Automated Customer Account Transfer Service/Insurance Processing service to correct agent information.
Download technical documentation (public & secured) to learn more about DTCC's Representative of Record (REP) services. Call us at 1-888-382-2721 for more details.
DTCC Learning offers comprehensive, fast-track training for DTCC customers of financial services organizations who are looking to expand their expertise and abilities in using the post-trade processing products and services provided by DTCC’s subsidiaries.