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With DocHub, it is possible to make documents completely from scratch with an vast set of instruments and features. You can easily link shadow in Stock Plan, add comments and sticky notes, and keep track of your document’s progress from start to finish. Quickly rotate and reorganize, and merge PDF documents and work with any available file format. Forget about seeking third-party platforms to deal with the standard demands of document generation and utilize DocHub.
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INTRO: Do you know what happens when you buy a stock? Most people would assume that their brokerage would go out and get a stock certificate under your name. This way, even if the brokerage collapsed, those shares would belong to you. But this is actually not what happens. When you buy a stock from your brokerage, you basically get an IOU contract from the brokerage. This contract gives you certain rights to the stock but not ownership. Before you get mad at the brokerages though, you should know that they dont own the stock either. When they want to buy or sell a stock on behalf of their clients, they have to send their order to the Depository Trust Company or the DTC also known as Cede Co. The DTC will issue the brokerage an IOU statement, and this is what gets passed down to you. So, its actually the DTC that not only owns your stock, but also virtually all publicly traded shares and securities in the US and 131 other countries. According to their official website, theyre job