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there are three primary signature guarantee programs firstly stamp this is an acronym for the securities transfer agents medallion program there are more than 7,000 organizations that participate in the stamp program and these are generally financial institutions across the United States and Canada in addition there are now a few members in the UK secondly simp this is an acronym for the Stock Exchanges medallion program members of the CEMP program are typically Stock Exchange member companies and clearing and trust companies thirdly MSP this is an acronym for the New York Stock Exchange medallion signature program whose participants include New York Stock Exchange member companies the medallion guaranty program was introduced by key mark ing to key mark the signature guarantees have been used for hundreds of years so why are they so difficult to obtain well when a stamp is affixed to a stock transfer form the person issuing the stamp warrants that the holders identity has been verifi
