DTC intends to make all appropriate securities eligible for its Custody Service. DTC reserves the right, in its sole discretion to refuse to accept a security or other asset for its Custody Service.
Note- DTC compares certificate information with the deposit instruction transmitted by the depositing Participant in the “deposit expectancy file”.
Anything that can be securitized is eligible for custody including, but not limited to:
- Stocks (negotiable, non-negotiable and restricted)
- Open-ended mutual funds, short-term money market instruments, foreign securities, interest only, limited partnerships, promissory notes, private placements, customer-registered custodial assets.
- Gold/Silver certificates
Note: DTC Custody will hold certain “non-standard” type assets fully disclosed for safekeeping only. These assets include, but are not limited to, Option Agreements and Warrant to Purchase. DTC does not accept any liability should such assets be lost, stolen or destroyed. Depositing Participants assume full liability as well as responsibility for replacement of lost, stolen or destroyed fully disclosed “non-standard” assets.