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>Pretty sure a broker does not own your portfolio. They do. The shares in your account are registered in the brokers name.
by MrStonedOne 5y ago
>Pretty sure a broker does not own your portfolio.
They do. The shares in your account are registered in the brokers name.
- graeme 5y agoThey don’t own it the way Celsius owns your crypto. Celsius can do anything with the crypto it has. It is theirs. Stockbrokers have rules, segregated accounts, and insurance. There is also a direct registration option through the DRP. https://www.investopedia.com/articles/investing/050515/what-happens-when-stock-broker-goes-bust.asp https://www.investopedia.com/articles/investing/050515/what-...