DTCC to Expand Securities Class Actions Service
New York - The Depository Trust & Clearing Corporation (DTCC) will expand its corporate action announcement service in late 2009 by offering securities class actions settlement announcements to DTCC participants via a separate announcement file, Inside Reference Data has learned.
The group has been working closely with representatives from the Bank Depository User Group (BDUG), whose members have been advocating for the DTCC to provide a class action announcement service, to identify all the
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