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What is the difference between a STAMP and SEMP Bond?

April 26, 2017Bond semp stamp

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What is the difference between a STAMP and SEMP Bond?

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If your firm is a member of a particular stock exchange, your Medallion would identify the name of that stock exchange, and you would be required to carry a SEMP Surety Bond. However, if your firm is not a member of a particular stock exchange, you can apply for the STAMP program and would need to secure a STAMP Surety Bond.