Zalemark Holding Company Inc (PK)【ZMRK】株式ニュース

DTC FAST as an investor holding 269,576,026 shares with Frank La Salla identified as the control person. the Depository Trust and Clearing Corporation (DTCC), and its subsidiary DTC FAST.
Understanding DTC FAST and Its Role
DTC FAST refers to a mechanism or entity associated with the Depository Trust Company (DTC), which is a subsidiary of the Depository Trust and Clearing Corporation (DTCC). The DTC, established in 1973, is a central securities depository that facilitates the electronic transfer and settlement of securities trades in the U.S. and over 170 other countries. It is responsible for holding securities in custody, processing book-entry changes to ownership, and settling trades, which reduces costs and increases efficiency in the financial markets
• FAST Program: The term “FAST” the Fast Automated Securities Transfer (FAST) program, which is a system managed by the DTC. This program allows issuers, security holders, and brokerage/clearing firms to transfer stock electronically without the need for physical certificates. Transfer agents, as limited participants, can apply for FAST participation, and the DTC approves issuers on a merit basis. In the context of $ZMRK, the shares being held by “DTC FAST” suggests that these shares are part of the FAST program, meaning they are held in electronic form for efficient transfer and settlement.
• DTC as a Custodian: The DTC itself does not own the shares it holds; instead, it acts as a custodian through its nominee, Cede & Company, which is the registered holder of the securities. This means that the 269,576,026 shares attributed to DTC FAST are likely held in the name of Cede & Company on behalf of the actual beneficial owners (e.g., institutional investors, broker-dealers, or other participants in the DTC system)

Frank La Salla’s Role
Frank La Salla is listed as the control person for DTC FAST in the $ZMRK shareholder table. He is the President and CEO of the DTCC, a position he has held since 2022 .La Salla’s role as the control person indicates that he oversees the operations of DTC FAST as part of his broader responsibilities at the DTCC, not that he personally owns the shares.
• Not Personal Ownership: The clarification that the shares are owned by DTC FAST, not Frank La Salla personally! As the control person, La Salla represents the DTCC/DTC in its custodial role, but the shares are held by DTC FAST on behalf of its participants (e.g., banks, broker-dealers, or institutional investors). This distinction is important because it highlights that the DTCC, through DTC FAST, is acting as an intermediary, not as a direct investor with its own capital.
• Why This Matters: The involvement of a DTCC subsidiary like DTC FAST suggests that $ZMRK is integrated into the broader U.S. financial market infrastructure, making its shares eligible for electronic trading and settlement through the DTC system. This can enhance liquidity and attract institutional investors, as the DTC’s infrastructure reduces risks and costs associated with securities transactions .

Implications for $ZMRK
The presence of DTC FAST as a major shareholder (16.7367%) has several implications for $ZMRK:
1. Institutional Interest:
• The significant stake held by DTC FAST indicates that institutional investors, who use the DTC for custody and settlement, have a substantial interest in $ZMRK. The DTC typically serves large banks, broker-dealers, and institutional investors, meaning that the 269,576,026 shares are likely held on behalf of such entities
2. Market Perception:
• The DTCC’s involvement, even as a custodian, can be seen as a vote of confidence in $ZMRK. The DTCC is a critical player in the global financial system, processing trillions of dollars in securities transactions annually (e.g., $2.5 quadrillion in 2022) and holding custody of securities worth $87.1 trillion Its participation in $ZMRK may signal to the market that the company is a legitimate player, potentially attracting more investors.
3. Liquidity and Trading Efficiency:
• By having its shares held in the DTC FAST system, $ZMRK benefits from the DTC’s infrastructure, which facilitates electronic transfers and settlements. This makes it easier for investors to buy and sell shares, potentially increasing trading volume and liquidity

Potential Connecties of DTC FAST in $ZMRK
Since DTC FAST is a subsidiary of the DTCC, its connections are tied to the broader network of financial institutions that participate in the DTCC system:
• DTCC Participants: The DTCC is owned by its participants, which include major banks, broker-dealers, and financial institutions like the New York Stock Exchange (NYSE), one of its largest shareholders.These participants could be the beneficial owners of the $ZMRK shares held by DTC FAST, though their identities are not disclosed in the shareholder table.
• Frank La Salla’s Network: As President and CEO of the DTCC, La Salla has connections to the global financial industry, including relationships with regulators (e.g., the SEC, Federal Reserve), clearing firms, and institutional investors. His involvement in $ZMRK, even in a custodial capacity, could indirectly connect $ZMRK to these networks
• Other $ZMRK Investors: DTC FAST’s shares may represent the interests of other investors in $ZMRK, such as Wendu Pauleen Wu, Jun Gao, Jimin Sun, or Chang Li, who are also shareholders. While there’s no direct evidence of collaboration, these investors could be part of the same institutional networks that use the DTC for custody and settlement.
The note about DTC FAST owning the shares, not Frank La Salla personally, clarifies that the DTCC, through its subsidiary DTC, is acting as a custodian for $ZMRK shares within the FAST program. This arrangement facilitates electronic trading and settlement, benefiting $ZMRK by increasing liquidity and attracting institutional investors. Frank La Salla, as President of the DTCC, oversees this custodial role but does not personally own the shares. The involvement of DTC FAST connects $ZMRK to the broader financial market infrastructure, including major banks, broker-dealers, and institutions that participate in the DTCC system.

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