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janice shell

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janice shell

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Re: LostTexan post# 4356

Sunday, 04/24/2011 9:49:24 PM

Sunday, April 24, 2011 9:49:24 PM

Post# of 20257
They are.

As I understand it, when a stock isn't DRS eligible, the brokerage can keep one or more master certs in its vault--in which case they'll be able to send one back to the TA to be broken up. The TA will then issue a cert to the shareholder who requested it.

Some brokerages choose to do that; others don't.
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