The Cost Basis Reporting Service (CBRS) system mitigates potential endless paper trails, extra charges, and added operational risk associated with firms manually transferring their cost basis information. The CBRS application extends its automated efficiencies and capabilities to transfer agents, issuers, mutual funds, custodian banks, and broker/dealers to support the transfer of cost basis information from one firm to another for any asset transfer.
GTR MAS Rewrite Service Help was updated on 11-Oct-2024.