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Res 2007-166
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Res 2007-166
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Last modified
2/25/2008 2:50:26 PM
Creation date
9/19/2007 9:56:20 AM
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City Clerk
City Clerk - Document
Resolutions
City Clerk - Type
Adopting
Number
2007-166
Date
9/18/2007
Volume Book
173
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<br />Prior to settlement date, the Investment Adviser and broker/dealer exchange and review the <br />following settlement instructions to ensure prompt, and uninterrupted settlement. <br /> <br />- Name of third-party safekeeping agenta <br />- ABA number of safekeeping agenta <br />Safekeeping account numbera <br />- Amount of transactiona <br />Settlement datea <br />- CUSIP number of security, if applicable a <br /> <br />v. SETTLEMENT AND FOLLOW-THROUGH <br /> <br />The Investment Adviser forwards a written trade ticket to the City Investment Officer and the <br />safekeeping agent <br /> <br />City follow-up procedures may include: <br />- Internal provision of receipt or disbursement of funds a <br />- Internal transfer or wiring of funds. <br />- Validation of written "safekeeping receipt" a <br />- Immediate notification by the adviser if a fail has occurreda <br /> <br />City of San Marcos Investment Policy <br /> <br />Page 42 <br />
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