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(The Year 2012 In Review)
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|User Info||Impending Market Dislocation? (PNSN); entered at 2012-05-03 12:35:39|
Registered: 2008-04-20 SW Virginia, USA
I wondered about Vanguard, where I keep stocks, ETF's in "street name". Sad that you can't take delivery on stock certificates easily nowadays. I would love to hold financial assets outside the "system".
I found this on the web..not sure how accurate it is:
...Vanguard currently uses its own clearing Vanguard Brokerage Services as their clearing / asset custodial. Vanguard Brokerage Services, (member of FINRA & SIPC,) holds and clears all Vanguard client assets"
I just hope I am OK. I keep little cash in the account, just my dividend-paying stocks and some inverse ETF's.