InvestorsHub Logo
Followers 29
Posts 5254
Boards Moderated 2
Alias Born 07/18/2003

Re: J T post# 187

Tuesday, 07/17/2007 3:24:01 PM

Tuesday, July 17, 2007 3:24:01 PM

Post# of 488
My broker held my cert, just in street name...with my name on it at my broker.. I'm not sure what the difference that would mean...

"If you hold your stock in street name, your name does not technically appear on the official stock register of the Company, but you do own the full economic interest in the stock and the associated voting, dividend and other rights."

from the transfer agent...
Q. What is "street name"? "Street name" is the term given to securities held in the name of a brokerage on behalf of a customer, usually done to facilitate subsequent transactions. Street name refers to beneficial shareholders who maintain their ownership through a brokerage. Street name holders are the opposite of registered holders




http://www.usatoday.com/money/perfi/columnist/krantz/2006-11-07-owning-stocks_x.htm


Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.