Millicent B. Email & Phone Number

Rockville, Md, Us

Rockville, Maryland

Rockville, Maryland

Performs a variety of specific duties across sections, generally including assisting in the day-to-day operational functions of the ADF, TRACE. OTC Equities and TRF facilities, monitoring member firms trade reporting and quoting activities and facilitating the processing and announcement of OTC corporate actions.

Announce corporate action events for OTC Market which includes dividends, stock splits, mergers, acquisitions, rights offerings, spin-offs, bankruptcies, liquidations, name changes, etc. Enforce compliance with SEA Rule 10b-17 and FINRA Rule 6490 by ensuring market transparency in the OTC and Other OTC marketplace. Stay current with new initiatives and developments regarding current regulatory matters, and industry initiatives relating to the financial market in the area of OTC Markets. Review… Show more Announce corporate action events for OTC Market which includes dividends, stock splits, mergers, acquisitions, rights offerings, spin-offs, bankruptcies, liquidations, name changes, etc. Enforce compliance with SEA Rule 10b-17 and FINRA Rule 6490 by ensuring market transparency in the OTC and Other OTC marketplace. Stay current with new initiatives and developments regarding current regulatory matters, and industry initiatives relating to the financial market in the area of OTC Markets. Review work product for accuracy, timeliness, completeness, and compliance with procedures and regulations. Create and present cases for management review for compliance with Rule 6490. Assist with the modifications of departmental procedures to ensure effectiveness and efficiency. Respond to inquiries from member firms, Self-Regulating Organizations, internal departments, vendors, and the public via e-mail and telephone. Utilize outside and company provided training programs to enhance my skill sets. Provide support to the Manager by assigning new cases and handling other functions in their absence. Perform finance functions in relation to fees associated with OTC corporate action request such as reconciliation, booking of payments, prepare refund request, and participate in user acceptance testing on the implementation of the new payment system. Serve as a tester on projects related to Corporate Actions which include testing all phases of implementation of the new corporate action submission and processing system. Show less