$hit. Jim Sinclair has insisted readers to directly register shares in the event of a major financial crisis, and the custodian and/or clearinghouses go belly up. It may be too late now.
http://theautomaticearth.com/Finance/did-hurricane-sandy-cause-365-trillion-in-damage.html
And here is one of Jim Sinclair's repeated warnings:
http://www.jsmineset.com/2012/08/12/direct-registration/
In other words, if your broker goes bankrupt, your account may be zeroed out, through no fault of your own.
Showing posts with label direct registration. Show all posts
Showing posts with label direct registration. Show all posts
Saturday, November 10, 2012
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