As a reminder, we will retire old versions of the Workbook screens in NetX360
Mutual Fund Surcharge and Fund Family Update
Several securities were added to the mutual fund surcharge list during September and three additional securities will be added on November 1, 2021.
Enhancements to Redesigned Order Entry Features in NetX360
As a reminder, to better improve our New Experience pages in NetX360, enhancements are scheduled for our Extended Hours and Equity/ETFs Order Entry screens.
Fourth Quarter Abandoned Account Transfer
The next quarterly transfer will occur on December 13, 2021, as of close of business on December 10.
NetXInvestor Managed Accounts Enhancements
In addition to the ability to view the manager name and style information in the Managed Accounts tab, beginning October 29, users will be able to view the investment restriction(s) for the account in NetXInvestor.
Turn the “Great Attrition” into the “Great Attraction”
Join our live webcast on November 2, from 2 - 3 p.m. (ET), to understand the important role FinTech plays in building a culture that attracts the best talent in this time of the "great attrition."
Reminder: Annual Industry-wide DR Testing
On Saturday, October 23, Pershing will be taking part in an industry-wide disaster recovery test which will involve a failover of some key systems.
Lockwood Investment Insights: Horns of a Dilemma
The Chinese economy is facing a choice between two unpalatable outcomes that could create strong reverberations throughout the world. In the latest Investment Insights commentary, Lockwood Chief Investment Officer Matt Forester analyzes China's potential impact on the U.S. as well as our own set of choices here at home. Read more.
Brokerage Statement Eligibility Rules
We have made updates to our brokerage statement eligibility rules for accounts with a balance in a bank deposit sweep program. Review this communication for details.
Third Quarter 2021 Standard File Update
Review this communication for details regarding our Q3 2021 Standard File Update.
UBTI for Certain Accounts Invested in Limited Partnerships
As previously communicated, this $200 filing fee will be charged to clients' accounts beginning the week of October 25. Contact your Account Manager for a list of affected accounts.