4 ms·
If you want to be pedantically technical, the Depository Trust Company still technically owns all the shares anyways! https://en.wikipedia.org/wiki/Depository_T
by philip1209 4y ago
If you want to be pedantically technical, the Depository Trust Company still technically owns all the shares anyways! https://en.wikipedia.org/wiki/Depository_Trust_Company https://en.wikipedia.org/wiki/Depository_Trust_Company
- plonk 4y agoSomeone read the latest Matt Levine email :)
- nabla9 4y agoIf you want to be pedantically technical, Cede & Co. owns all of the publicly issued stock in the United States.
- OnlineGladiator 4y agoOnly if you're using a broker. You can use a transfer agent and direct register your shares.
- astrange 4y agoThis doesn't seem to be true; the sentence in the Wikipedia article that says it (https://en.wikipedia.org/wiki/Cede_and_Company https://en.wikipedia.org/wiki/Cede_and_Company) links to an article that says something else (https://www.bloomberg.com/opinion/articles/2015-07-14/banks-forgot-who-was-supposed-to-own-dell-shares https://www.bloomberg.com/opinion/articles/2015-07-14/banks-...). They do own all the digital stock, but not the paper stock.