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Res 2006-193
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Res 2006-193
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Last modified
4/17/2007 3:46:40 PM
Creation date
12/5/2006 10:19:58 AM
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Template:
City Clerk
City Clerk - Document
Resolutions
City Clerk - Type
Revising
Number
2006-193
Date
11/21/2006
Volume Book
170
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<br />I <br /> <br />I <br /> <br />I <br /> <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 ofthird-party safekeeping agent. <br />- ABA number of safekeeping agent. <br />Safekeeping account number, <br />- Amount oftransaCLion. <br />- Settlement date. <br />- CUSIP number of security, if applicable. <br /> <br />v. SETTLEMENT AND FOLLOW-THROUGH <br /> <br />The Investment Adviser forwards a wfltten 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. <br />- Internal transfer or wiring of funds. <br />- Validation of \vntten "safekeeping receipt". <br />Immediate notification by the adviser if a fail has occurred. <br /> <br />City of San Marcos Investment Policy <br /> <br />Page 42 <br />
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