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Medallion Validation no Longer Needed?

My bank no longer does the Medallion validated signatures. I need to know where to go. I tried the broker, but he said I did not need this any longer, but the attorney says I do. Who is correct?

Untitled

Ask whomever it is you want to complete your transaction with if they require this. If your broker can do whatever you want and says it isn't needed, it isn't needed or the broker is incorrect. It depends on what you are doing, when and with whom.

Published on BankingQuestions.com 12/29/09