What is the wrong delivery?
Poor delivery is the delivery of shares that cannot be legally transferred to the buyer. The reasons are often benign and the situation can be corrected so that shares can be successfully transferred. In cases where fraudulent activities are involved, as if someone sells shares without actually having a title, the situation may be reported to regulatory authorities for investigation and potential sanctions such as fines or removal of business licenses. This can happen for various reasons, especially if trading is difficult and people try to keep numerous securities and their paperwork straight. When securities quickly turn their hands in a short period of time, sometimes paperwork can lag and create bad delivery; For example, a person who buys and turns for sale can, for example, fully support paperwork. The responsible for the registration of the new owner sends a notice of informing the buyer that the transfer cannot be completed and provides information on why. Buyer can supply the necessary paperwork to complete a transfer or talk about a problemand find out if it can be resolved. If bad delivery is obviously the result of fraud, it must be reported and should be provided as much as possible about the sales transaction and the parties.
bad deliveries can happen for many reasons. People working with a representative usually leave the work on manipulating the transfers to representatives rather than deal with them directly. It does not have to be aware of the bad supplies only after the matter is resolved and the transfer has been completed. People who manipulate their own transactions so they can transmit supplies with minimal stir when they are sold or traded. It is also advisable to view the paperwork before sending to register the transfer and check the obvious problems such as the non -signing on the approval line.
On the contrary, there is good delivery where the stocks are supplied for transfer with all their documentation in order and registration can be effectively changed to reflect Novthe owner. The ratio of good and bad supplies depends on the market and on the time at the moment, with most traders working hard to avoid bad supplies.