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Username: Peter Rating:  Asked to: Apinya Kamon Date Created: 22 Sep 2018 |
| Category | 28 |
| Tag | Financial |
| Question | What is a 'Safekeeping Certificate'? |
|
Hi Peter, A safekeeping certificate is a document that represents ownership of a security. Safekeeping certificates are the investor's claim against the institution that is holding his or her financial instruments. Investors normally entrust safekeeping of the ownership certificates to their brokerage firms where they conduct trading transactions. |
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