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Wow! (Up to now) Practically everybody fully trusting that in their jurisdiction in case of broker bankruptcies nothing ever can happen to their shares? I asked because I am just thinking about letting the part I am sure I won't "ever" sell register in my name instead of 'street' name, to be on the safe side.

"instead of 'street name' ..." passed away with the dodo sometime ago. In street name usually was in the name of your broker or sometimes in the name of the broker through which your broker cleared. And messengers actually carried certificates from one to the other every day. That got pretty expensive and slow as traffic in shares increased. Now essentially all certificates are owned by Cede and Company and are registered to it. They all clear through the Depositary Transfer and Clearing Company (DTCC). So most people do not own what they think they own. Cede and Company own everything and your broker has only a beneficial interest in those shares owned by Cede and Company. And you have just a beneficial interest in the beneficial interest your broker has in those Cede and Company shares. So most investors are at the mercy of Cede and Company's underground vault on Water Street, and the records maintained by the DTCC, and then the records of those records maintained by your broker. And these days, with high-frequency trading by computers all over the world, what are the chances of a race-condition problem ending up with multiple beneficial owners of the same share(s) of stock? And if all ever tried to take delivery, some would get stiffed.

That is why I have taken delivery of my A-share certificates and they are in the safe deposit box at my bank -- not in a flood zone.
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