ClearTrust, LLC

Where transparency meets simplicity.
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Hot Topics for Public Companies in Today's Regulatory Environment
 
COST BASIS REPORTING
Effective January 1, 2011, the cost basis of equity securities must be tracked and reported to the IRS. In addition, issuers are now required to report to the IRS and post on their website specific information about corporate actions. Click here to learn more.

XBRL FILING
Beginning June 15, 2011, all reporting issuers will be required to publish their financials in XBRL format. This new technology transforms 10Qs and 10Ks into interactive data sources, allowing investors to compare apples to apples when evaluating different stocks. The setup and implementation of XBRL can be an expensive and time-consuming process for issuers. Get started early! Click here to learn more.

THE PAPER CERTIFICATE DILEMMA

Many shareholders have experienced difficulty in depositing stock into their brokerage account. Discount brokers no longer accept paper certificates, and many full service brokers restrict or deny paper certificate deposits as well. At the same time, most penny stocks are not eligible for electronic (DWAC or DRS) deposit through DTC. If a shareholder can neither deposit stock through physical or electronic means, what should he do? As the issuer of the stock, what can you do?

We understand the heart of these problems and have solutions for you. Some issuers move their business to ClearTrust for this reason alone. Contact us to learn how we can help.