Some investors continue to hold stock certificates as proof of ownership, but most investors hold their securities

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Some investors continue to hold stock certificates as proof of ownership, but most investors hold their securities in a broker's street name. Ask a relative or friend who owns stocks if they hold the certificates directly or if the certificates are held in a broker's street name, and determine why your friend or relative made this choice. This chapter describes one possible disadvantage of leaving securities in the street name. Do you think this was a consideration in the per­son's choice?

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