Telephone-Webcast-CD Rom
Medallion & Signature Guarantee Rules
Tuesday, June 10, 2008
12:00 – 1:30 PM Pacific Time
1:00 – 2:30 PM Mountain Time
2:00 – 3:30 PM Central Time
3:00 – 4:30 PM Eastern Time
Signature guarantees are not new, but financial losses and administrative problems associated with them are increasing. One reason is that the rules regarding the STAMP Medallion Program recently changed to impose more liability on the financial institution issuing the guarantee. The FDIC now mandates that all financial institutions which issue or accept signature guarantees must have an effective system of internal controls to mitigate the losses and problems associated with signature guarantees. Would your financial institution pass this test? This seminar will explain the differences among the various types of signature guarantees including the STAMP Medallion Program. The situations where each type of signature guarantee is required and the risks and liabilities that each imposes on the financial institution will be discussed.
HIGHLIGHTS
NOTE: This seminar is not sponsored by or affiliated with the STAMP Medallion Program.
WHY SHOULD YOU PARTICIPATE?
This session is a cost-effective way to learn the basics about signature guarantees as well as an update on the new changes under the STAMP Medallion Program. You may train as many individuals as you like for one set price. There will be no travel costs, time lost from work and no one will be required to leave the bank.
WHO SHOULD ATTEND?
This informative session is designed for those that issue or accept signature guarantees or participate in the STAMP Medallion Program.
ABOUT THE PRESENTER – Elizabeth Fast, J.D. and C.P.A
Elizabeth Fast focuses her legal practice on the representation of financial institutions. She is a partner at the law firm of Spencer Fane Britt & Browne LLP, where she heads up the firm’s training division known as Bankers Choice. She has represented bankers for over 20 years, previously serving as general counsel and senior vice president of a Midwest bank where she was responsible for all legal, regulatory, and compliance matters.
This training method allows unlimited listeners on your office speaker phone. By choosing the webcast option, participants will also be able to view online visuals as the presentation is delivered. Registrants receive a toll-free number and pass code that will allow entrance to the seminar. The session will be one hour and fifteen minutes in length with an additional fifteen minutes for questions and answers. Seminar materials will be sent prior to the broadcast along with hookup instructions. Your pin number, hookup instructions and handouts will be emailed to you. You will need the most current version of Adobe Acrobat Reader available free at www.adobe.com.
The CD Rom is complete with the audio track and visual presentation from the original webcast, question & answer sessions, plus participant handouts. You will also have the ability to contact the presenter with follow-up questions. With this CD, you will have an “off-the-shelf” training program for your review, for use by those who were not able to attend the live seminar or for future training purposes. Affordable, professional training, when and where you choose!
*CD Rom for PC use only