__________________ allows stock to be held in the name of a brokerage house.

Question

Quizplus · Accepted Answer

Holding stock in street name means the brokerage house holds the stock on behalf of its clients, and the stock is registered in the name of the brokerage rather than the individual investor. This allows for more efficient trading and easier record-keeping for both the investor and the brokerage. The Federal Reserve is responsible for monetary policy, while the Securities Exchange Act of 1944 regulates securities markets and private placement refers to the sale of securities directly to institutional investors or accredited individuals.

__________________ Allows Stock to Be Held in the Name of a Brokerage