RDSP - About Restricted Deposit Service - Participant

Overview

The Restricted Deposit Service - Participant application allows you to enter and obtain information from the Restricted Deposit Service (RDS). RDS allows you to transfer restricted securities that have been either fully or partially sold and/or those with restrictions that have been lifted. RDS also accommodates other types of restricted transfers (for example, gifting, legend removal and inventory breakdowns). The depositing participant receives credit in a segregated transfer account while the securities are out to the transfer agent.

When to Use

Use Restricted Deposit Service - Participant to submit RDS deposits, make amendment requests, inquire about deposits, and submit fax or email requests.

Restricted Deposit Service - Participant is available 24 hours a day on business days. During this time, deposits can be entered and inquires can be performed. Amendment requests can be entered from 7:00 AM to 2:10 PM eastern time.