Rule 17Ad8,6 which requires DTC - gpo 2025

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A DTC eligible security is a security that is freely tradable pursuant to U.S. securities laws and is otherwise qualified to be held at DTC and serviced. The eligibility criteria are more fully described in DTCs Operational Arrangements.
Selling direct to consumer means the brand is responsible for the entire customer relationship, from marketing and sales to customer service and support. It also means the brand directly collects the first-party customer data needed to develop and iterate products faster and build long-lasting customer relationships.
SETTLEMENT PROCESS OVERVIEW DTC is the central securities depository for equity securities, such as common stock, as well as municipal and corporate debt securities, including money market instruments.
Only whole shares can be requested, as fractional shares cannot be processed.
The DTC is a registered securities depository and clearing house where municipal bonds, corporate bonds, corporate stocks, and money market instruments are deposited, held for ease of transfer, cleared, and settled.
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