• The signature of the medallion guarantees that the signature of the authorized person for the transfer of securities is genuine.
  • In order to provide a Medallion Signature Guarantee, an institution must be a member of one of the three Medallion Signature Guarantee programs.
  • Generally, you can obtain the Medallion Signature Guarantee from a financial institution of which you are already a customer.
  • Locket signature guarantees are usually required when the securities are held in the physical form of a certificate.
  • However, private investors today rarely physically own their share certificates, preferring instead electronic records.