InvestorsHub Logo

OMOLIVES

05/11/24 12:56 PM

#44370 RE: Zorax #44368

No...it does not. It only removes it from the Brokers custodial duties. It also makes the equity unavailable to borrow for and by others. It does not make it unavailable to borrow against via the bearer. That is why it is called equity...and is still marketable. Such is called "securities-based lending". But for the layman, all stock is marketable if the equity base is sound

I don't need the "101" explanation.