Series 6 - Investment Company And Variable Contracts Products Representative Exam

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When securities and registered in the broker-dealer's name and held by the broker-dealer, this is called:

Transfer and hold in safekeeping
A
Hold in street name
B
Hold in safekeeping
C
Proxy ownership
D

Explanations

Hold in street name is an example of payment and delivery instructions in which securities are registered in a broker-dealer's name and held by the broker-dealer.

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