Fortress Financial Group fka FFGO

[Tgarfield2]

There is also no right to physical delivery of certificates. There was in 1932 and I'm sure that is what 711 will tell you. However that changed and it can be looked up if anyone cared to. Having it marked in your account is considered possession and delivery.

Also if you look on the DTC website they directly say that a broker doesn't have to. The problem with delivering stock when a transfer agent doesn't exist is breaking up large certificates into smaller ones. IF they do even exist there is a fee of up to $500.00 for non-trading stocks.

http://www.dtcc.com/matching-settlement-and-asset-services/issuer-services/how-issuers-work-with-dtc

Physical certificate (most expensive / higher risk)

Holding shares in in the form of a certificate is the more expensive, higher risk option for investors. Physical certificates can be lost, stolen or damaged and replacement costs are high as replacement takes time to complete.

If an investor wants to obtain a physical certificate, securities are withdrawn by their brokerage firm from their account at DTC where the inventory is registered in DTC’s nominee (Cede & Co.) and re-registered into the investor’s name. In many cases brokerage firms and transfer agents charge a fee for issuing and delivering a physical certificate. In some cases, the option for a physical certificate may not be available as an investment firm may refuse requests for a physical certificate or the issuing company may have elected not to issue physical certificates.