2.3.3 Qualified Financial Institutions and Intermediaries
last revised: Nov-2011
Any financial intermediary selected to be eligible for the College’s competitive investment program must meet the following requirements:
- Shall provide wire transfer, automated clearinghouse, and deposit safekeeping services.
- Shall be a member of a recognized U.S. Securities and Exchange Commission Self-Regulatory Organization such as the New York Stock Exchange, National Association of Securities Dealers, Municipal Securities Rule Making Board, etc.