InvestorsHub Logo
Followers 55
Posts 4146
Boards Moderated 0
Alias Born 01/21/2009

Re: imiloa post# 89104

Wednesday, 10/29/2014 6:58:28 AM

Wednesday, October 29, 2014 6:58:28 AM

Post# of 111691
Actually, imiloa, jainshul is correct. All 'Beneficial' shareholders at TDA are lumped together as one. When a company sends out proxies for shareholder meetings, they send them to TDA who in turn sends them to the beneficial holders. If a company orders a NOBO they will get a more accurate count, but some brokerages may allow beneficials to exempt themselves from being listed.

From TD Ameritrade:

A security held in street name means that it is held in the name of the broker or other nominee, rather than the client. The client is still listed as the beneficial owner, with all the rights connected to that security. Due to the complexity of tracking every stock certificate to an individual, most brokers hold securities in street name. If you don't want a security held in street name, you can request a stock certificate or you can register it in your name directly with that company's transfer agent by transferring the shares. Please note that both choices may create less liquidity for that security.




In case I forgot to mention it above, Always Just My Very Humble Opinion

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent MIKP News