SEC (U.S. Securities and Exchange Commission) has stated the circumstances under which U.S. investment companies may hold securities through non-U.S. securities depositories - rule 17f-7.
The Association of Global Custodians (an informal group of 10 major U.S. banks) developed a questionnaire, and annually received responses from more than 125 central depositories.
Read the response from VP SECURITIES:
Investor Services
Product portfolio
Register of
shareholders
Guidelines - SWIFT
