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Re: dannyboy5 post# 13643

Thursday, 11/27/2014 7:42:02 AM

Thursday, November 27, 2014 7:42:02 AM

Post# of 48153
It appears that "Most" Canadian retail brokerages accommodate Canadian citizens holding U.S securities in their Canadian based accounts:

" – U.S.-listed stocks can be traded as easily, and almost as cheaply, as Canadian stocks at most stock brokerages."
( http://www.theglobeandmail.com/globe-investor/personal-finance/financial-road-map/why-canadians-should-invest-south-of-the-border/article13498835/ )

...the operative word is "most". IMHO...ANY.TSX shareholders in Canada should check with their broker to make sure that if ANY de-lists from TSX that the ANY.Nasdaq shares they are to receive can be received into their account vs. receiving the stock cert in the mail. It would seem prudent to seek out Canadian brokerage to accommodate their need and transfer their shares into that account. Takes 3 days in U.S., dont know how long it would take between Canadian brokerages.

Then again, selfishly, I would love to see all Canadian investors receive actual stock cert...then we know the shares cannot be "borrowed" and will not be available to short on ANY.NASDAQ!
Volume:
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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