Quote:
Originally Posted by The Heron
seriously?
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Im not sure what you mean by this but I understood that you dont think my question is valid. Maybe you think im stupid for asking it.
Lets say you buy stock in a Brazilian company (which is listed on the US market) through a US based broker like eTrade.
As far as I understand eTrade owns the stock but it is kept as an allocation for the purchaser ie you. If eTrade goes out of business - do you still own the stock?