Are the shares that I own via my broker under my name?
Are the shares that I own via my broker under my name?
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Bear Bile Farming is Torture · External communityPost link
External question — Personal Finance Stack Exchange
Author: Bear Bile Farming is Torture
Original post: https://money.stackexchange.com/questions/134525
License: CC BY-SA 4.0 — https://creativecommons.org/licenses/by-sa/4.0/
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Are shares under my name if I purchased them via my broker?
What if my broker goes out of business? That should have no effect on my shares because I own those shares. They are already bought and paid for, right?
The country is USA. The broker is Fidelity.
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Quoted from Forex.com.bd-Editorial External question — Personal Finance Stack Exchange Author: Bear Bile Farming is Torture Source score (net votes, not local likes): 0 Original post: https://money.stackexchange.com/questions/134525 License: CC BY-SA 4.0 — https://creativecommons.org/licenses/by-sa/4.0/ Adaptation: HTML converted to plain text; contact email addresses removed. Are shares under my name if I purchased them via my broker? What if my broker goes out of business? That should have no effect on my shares because I own those shares. They are already bought and paid for, right? The country is USA. The broker is Fidelity.
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