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Re: blah3 post# 20154

Thursday, 09/15/2011 3:48:12 PM

Thursday, September 15, 2011 3:48:12 PM

Post# of 28292
What if I hold shares through my broker? Am I a registered shareholder?

A transfer agent does not keep track of shares traded or held through brokerage accounts. Stocks that are held in a brokerage account are considered to be held in "street name," which means that those shares are held on behalf of the stockholder by the broker.
In this case, the transfer agent considers the brokerage to be the registered shareholder. It is the responsibility of the brokerage to keep track of the accounts of their clients and to provide those clients with information regarding their shares, including the delivery of Proxy Statements.

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