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re: Say your brokerage collapses, you still have your stock right?
Posted on 3/15/23 at 5:08 pm to Weagle25
Posted on 3/15/23 at 5:08 pm to Weagle25
It is tricky. Most brokers don't actually hold the stock certs. They are at the DTCC and they get loaned around like little ious.
Thus, the movement to DRS (direct register shares). Once that is done with the company that is the transfer agent of your stock, many use ComputerShare and American Stock Transfer, the shares are in your name. Until then,
I sure as hell don't trust the DTCC. They did commit international securities fraud last summer.
Thus, the movement to DRS (direct register shares). Once that is done with the company that is the transfer agent of your stock, many use ComputerShare and American Stock Transfer, the shares are in your name. Until then,
I sure as hell don't trust the DTCC. They did commit international securities fraud last summer.
Posted on 3/15/23 at 10:18 pm to GhostOfFreedom
quote:Link?
I sure as hell don't trust the DTCC. They did commit international securities fraud last summer.
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