What are transfer agent fees?
Could you please explain to me what transfer agent fees are? I've come across this term while researching the intricacies of cryptocurrency transactions and financial markets, but I'm not entirely clear on its meaning. Are these fees charged by a third-party entity for facilitating the transfer of assets between buyers and sellers? If so, what services do they typically provide, and how do they impact the overall cost of a transaction? Additionally, are transfer agent fees a common occurrence in the world of finance, or are they more specific to certain types of transactions or assets? I'd appreciate any clarification you can provide on this matter.