"Transfer Agents to SEC: We Can Send Out Proxy Materials For Less," Securities Technology Monitor, October 14, 2010

A trade group representing recordkeeping professionals for registered U.S. shareholders Thursday said a study it had conducted showed corporations would pay less to send out proxy materials through transfer agents, than through Broadridge Financial Solutions, the largest distributor of shareholder documents.  The Securities Transfer Association (STA) said companies would pay anywhere from 20.52 percent to 71.62 percent less, compared to what Broadridge charges.