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Says "can in principle be totally uninvolved", not "customarily is totally uninvolved. The article seemed to imply that the institution transferring the securi

by mizzao 2y ago

Says "can in principle be totally uninvolved", not "customarily is totally uninvolved. The article seemed to imply that the institution transferring the securities would also be in the best position to vouch for the identity of the owner who it had been the custodian for.

matthewdgreen 2y ago
But that sending institution may not be incentivized to do so, for the reasons identified earlier in the piece.