Securities & Exchange Commission issues a bulletin where they confirm to truly hold shares under your name, they need to be in BOOK form.

Securities & Exchange Commission issues a bulletin where they confirm to truly hold shares under your name, they need to be in BOOK form.

This is something individual investors have been saying for for a year or longer. With so many ways to hold shares, there is only 1 true way to hold shares directly registered under your name. There is speculation the SEC released this bulletin due to certain hedge funds making an attempt to remove the current SEC Chairperson – Gary Gensler. This could be interpreted as direct confirmation from the SEC that investors have been right all long.

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