(Total Views: 393)
Posted On: 08/13/2025 12:57:32 PM
Post# of 87422
Re: mikeyt1818 #87356
David transferred 100 million into the DTC-Depository Trust Company", which there are several reasons this could have been done.
1)Sometimes as collateral for a loan.
2)It reduces the cost of transferring the shares between investors.
3) DTC is not a publicly accessible registry of individual share ownership or transfers.
4) Us as investors, our shares are Street name registration.
5) DTC conducts a vital role as an efficient way to transfer securities. Including dividend payments, corporate actions.
1)Sometimes as collateral for a loan.
2)It reduces the cost of transferring the shares between investors.
3) DTC is not a publicly accessible registry of individual share ownership or transfers.
4) Us as investors, our shares are Street name registration.
5) DTC conducts a vital role as an efficient way to transfer securities. Including dividend payments, corporate actions.
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