As an industry leader in digital transformation, we remain committed in our efforts to be paper free in '23
Update: Cashless Options Exercise Program
Please be advised that we no longer support the Cashless Options Exercise Program also known as Employee Stock Options Program (ESOP). Review this communication for information on how your firm can support these transactions through the entire lifecycle.
Phased Mailing Schedule for 2022 Tax Reporting
The mail dates for IRS Form 1099 (B, DIV, INT, OID and MISC) tax statements for the 2022 tax year are available in this communication.
NetX360® Work Corner: New Experience Becomes Default View
Effective November 21, new versions of Work Corner screens will become the default views in NetX360 and NetX360+.
Philanthropic Giving: Deadlines for Year-End Processing
Review this communication for participating Donor Advised Funds' sponsors year-end processing guidelines and deadlines.
CAIS 2e Updates
If Pershing is performing your Consolidated Audit Trail (CAT) Customer Account Information System (CAIS) reporting, please make note of changes available November 21 via NetX360 and NetX360+.
Redesigned NetX360® Global Trade Management System
The launch date for the enhanced features of the Global Trade Management System (GTMS) has changed. We will share a new date shortly.
Retirement Account Year-End Tax Information
Year-end tax withholding adjustments are often requested due to processing errors in client retirement accounts. Requests received after December 30 will be denied and the withheld amount will be reported to the IRS or appropriate state tax authority.
Fixed Income Order Execution Update
Due to current fixed income market conditions, many clients are experiencing unprecedented interest in fixed income trading. We'd like to remind you that we make a self-service bond trading solution available to you via NetX360 and NetX360+ called BondCentral.
FundVest® Additions and Removals
Review this communication for an update of fund additions and removals from FundVest. The complete list of the mutual funds available on FundVest is viewable in the Mutual Fund Center in Markets & Research via NetX360.
Standard File Holiday Processing
Review this communication for important information regarding standard file processing on holidays in 2023. We follow the holiday schedule of the New York Stock Exchange (NYSE).
Reminder: Veterans Day Operations Schedule
The Veterans Day holiday observance on November 11 is a bank holiday. If you have questions or require additional information, please contact us or consult the websites of appropriate agencies.