Replies to post #4356 on NSS ~ Counterfeiting Stock ~ MM Games Played

[janice shell]

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.