What is the difference between the investor account at the SDC (central registry) and the investor account maintained by the broker?
1. | Investor account at the SDC: an account that is opened on the SDC’s Database (central registry) to conduct transactions through the SDC. |
2. | Investor account maintained by the SDC’s broker: an account that is opened for the purposes of trading in securities in the ASE. |
FAQS Taxonomy