Posted On: 06/04/2016 11:20:17 AM
Post# of 72444
Yes, it does. Sigh.
OTOH, a responsible broker would guarantee you in fact own the shares in your account and that they have cleared. That does NOT mean your broker has not lent out some or all of your shares. However, they are responsible for those shares, and you have legal recourse against them. All IMHO. Any experts want to comment.
OTOH, a responsible broker would guarantee you in fact own the shares in your account and that they have cleared. That does NOT mean your broker has not lent out some or all of your shares. However, they are responsible for those shares, and you have legal recourse against them. All IMHO. Any experts want to comment.
Quote:
Posted On: 06/04/2016 11:06:46 AM
Posted By: wildtp
Re: someconcerns #23495
Thanks for that SC...a long read but one worth reading. Kind of makes you feel like you're a fish on the stringer waiting to be gutted doesn't it?
(0)
(0)
