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Re: Sputnik post# 9548

Thursday, 02/18/2021 10:06:32 AM

Thursday, February 18, 2021 10:06:32 AM

Post# of 17870
Taken from the SEC official website for investor info

https://www.investor.gov/what-registered-owner-what-beneficial-owner


as you can see, there's a BIG difference between "registered owners" and "beneficial owners"

What is a “registered” owner? What is a “beneficial” owner?

As a shareholder of a public company you may hold shares directly or indirectly:

A registered owner or record holder holds shares directly with the company.
A beneficial owner holds shares indirectly, through a bank or broker-dealer. Beneficial owners holding their shares at a broker-dealer or bank are sometimes said to be holding shares in “street name.” The majority of U.S investors own their securities this way.



Understand now?

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