Signature guarantees are not new, but the financial losses and administrative problems associated with them are very real. Many institutions do not understand the responsibilities and liabilities assumed when guaranteeing a signature. Do you know the differences between the various signature guarantees, including the STAMP Medallion Program? Financial institutions often provide a Medallion Signature Guarantee without understanding the associated risks and liabilities, potentially exposing itself to significant risk. For example, did you know that when your institution provides the Guarantee, it assumes liability for the authenticity of the signature? Many institutions don’t realize they must comply with and are bound by regulations governing Medallion Guarantees, such as the Securities Transfer Agents Medallion Program (STAMP). This webinar will explain the “ins and outs” of a Medallion Signature Guarantee and provide tools and best practices your institution can use to ensure compliance and protect itself from the various risks and liabilities. Join us to learn all the details – and avoid the potholes.
NOTE: This seminar is not sponsored by or affiliated with the STAMP Medallion Program.
AFTER THIS WEBINAR YOU’LL BE ABLE TO:
- Distinguish between a notary, a traditional signature guarantee, and a Medallion Guarantee
- Understand the liability imposed and how to reduce it
- Describe the three warranties your institution makes when it uses the STAMP Medallion Program
- Explain the STAMP Medallion Program
- Determine whether a signature is genuine and whether the signer has legal capacity
TAKE-AWAY TOOLKIT
- Checklist of best practices
- Employee training log
- Interactive quiz
- PDF of slides and speaker’s contact info for follow-up questions
- Attendance certificate provided to self-report CE credits
NOTE: All materials are subject to copyright. Transmission, retransmission, or republishing of any webinar to other institutions or those not employed by your institution is prohibited. Print materials may be copied for eligible participants only.
WHO SHOULD ATTEND?
This informative session is for any institution that issues or accepts signature guarantees or that participates in the STAMP Medallion Program.
MEET THE PRESENTER
Shelli Clarkston, JD, LLM, Spencer Fane LLP
Shelli Clarkston is an attorney with Spencer Fane LLP where she provides financial institutions with proactive legal counsel on regulatory and compliance matters. She received her law degrees from the University of Missouri – Kansas City and her undergraduate degree from the University of Nebraska – Lincoln. In addition, she has a master’s degree from Doane University. Before joining Spencer Fane, Shelli was the Risk and Compliance Officer for a financial services technology platform with one of the world’s largest technology companies. She oversaw the platform’s regulatory compliance and handled all risk-related matters. She also has experience as general counsel for a community bank, where she managed all legal, regulatory, compliance, and corporate matters.
THREE REGISTRATION OPTIONS – WHAT YOU GET
1. LIVE WEBINAR 2. ON-DEMAND WEBINAR 3. BUNDLE & SAVE
- Unlimited live connections with shareable access within your institution
- Available to view on desktop, mobile & tablet devices
- Take-away toolkit
- Live Q&A session & the presenter's contact info for follow-up questions
- Access the webinar training from your User Portal
- Unlimited and shareable access to the recording within your institution, starting two business days after the live date
- Available to view 24/7 on desktop, mobile & tablet devices
- Take-away toolkit
- Ability to download the webinar video and toolkit items
- Presenter's contact info for follow-up questions
- Access the webinar training from your User Portal
- Save when you Bundle the Live + On-Demand Webinar Registration
- Includes all the items listed above
- Full registration descriptions can be found here
