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No, because swaps are a thing. Ie a bank will buy a stock on your behalf in its name, write a derivative to you for the economics of the price return/loss on th
by phyalow 5y ago
No, because swaps are a thing. Ie a bank will buy a stock on your behalf in its name, write a derivative to you for the economics of the price return/loss on the side. This is very common today and has the effect of defeating disclosure requirements.