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    Question

    The primary function of a 'Registrar and Transfer Agent

    (RTA)' is to:
    A Underwrite new issues Correct Answer Incorrect Answer
    B Maintain records of investors and their holdings Correct Answer Incorrect Answer
    C Provide credit ratings Correct Answer Incorrect Answer
    D Act as a depository Correct Answer Incorrect Answer
    E Manage the company's funds Correct Answer Incorrect Answer

    Solution

    An RTA is a specialized firm appointed by a company to maintain its records of investors (shareholders/debenture holders), process transfers of securities, handle dividend/interest payments, and manage communication with investors.

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