Delivery of Notices and Corporate Action Deadlines

What this video covers

• Why broker-dealers (BDs), not issuers, must forward proxy materials and corporate communications when securities are held in street name
• The difference between 20 business days and 20 calendar days for tender offer minimums, and why the exam tests this distinction repeatedly
• Whether shareholders can withdraw tendered shares before the expiration deadline, and under what circumstances
• What happens to rights that expire unexercised or unsold, and why the 30-to-60-day window creates a hard use-it-or-lose-it decision
• How the record date determines dividend and rights eligibility, and who actually appears on the issuer's books
• Why the ex-date falls on the same day as the record date under T+1 settlement, and how this causes buyers on or after the ex-date to miss the dividend
• The specific meaning of "promptly" in the proxy material forwarding rule, and why "upon request" or "when convenient" are incorrect answer choices