abstract:A stock transfer agent or share registry is a company, usually a third party unrelated to stock transactions, which cancels the name and certificate of the shareholder who sold the shares of stock, and substitutes the new owner's name on the official master shareholder listing. Stock transfer agent is the term used in the United States and Canada.
He very nearly pulled it off, duping two of the nation's largest banks, Wachovia and Citibank, along with EquiServe, the stocktransferagent for 1, 300 U.S. companies.