Learn stock trading – The transfer agent issues a new certificate in Customer A's name, punches the proper denomination in the border if it is for less than 100 shares, countersigns it, and cancels the old certificate.

The registrar”a different bank”double-checks that the new certificate is properly made out to an authorized owner, certifies it, and records the new stockholder's name in the company's registry. The stock certificate now goes to the buyer's broker who sends it, by registered mail, to bis customer. This, of course, could be you. What Shall I Buy? Buying securities is somewhat like buying an automobile. The decision to buy something is relatively easy.

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