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Re: Televet post# 16296

Thursday, 04/01/2021 9:39:17 AM

Thursday, April 01, 2021 9:39:17 AM

Post# of 37632
What I was told on the phone was by Charles Schwab. The information I quoted was from their web site at https://www.schwab.com/legal/schwab-pricing-guide-for-individual-investors .

Ask your brokerage about certificates if you would like to have them. https://www.fidelity.com/trading/commissions-margin-rates (on the tab called "Fee Information") says 'Stock certificate transfer and ship2 $100 Per Certificate ... 2. Applies only to customers who have certificate shares reregistered and shipped; waived for households that meet certain asset and trade minimums at Fidelity (Households with $1 million or more in assets or $25,000 or more in assets +120 trades a year)." I am not sure that obtaining a stock certificate means it gets transferred out of the brokerage account. I never asked for a paper certificate. See also https://scs.fidelity.com/accounts/services/content/depositcert.html . That pages gives instructions for sending in stock certificates (including instructions about endorsing them).

In posting to this site, it is my primary aim to provide accurate information and good ideas to the readers, for their benefit - and not hype or nonsense or gross exaggerations. I hope I achieve that goal. I also hope to learn by asking questions.