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simmiie259 simmiie259
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2 years ago
Holding securities in street name

▸ makes the trading of securities easier and more efficient for individual investors.

▸ allows the brokerage firm to sell securities without the customers approval.

▸ enables the brokerage firm to collect the stock dividends as compensation for their services.

▸ means that the brokerage firm actually owns the securities.
Textbook 
Fundamentals of Investing

Fundamentals of Investing


Edition: 14th
Authors:
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dreamkheidreamkhei
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2 years ago
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