When coupled with the Federal Bankruptcy Code and the Federal Securities Insurance Protection Act (SIPA), the ... These statutes, as adopted by each state in the United States, fully recognize the modern indirect holding of securities by investors through one or more brokers or a bank. ... 4The DTCC has developed its Direct Registration System (DRS) to 89 P1: a/b P2: c/d QC: e/f T1: g CHAPTER 7anbsp;...
|Title||:||Global Securities Markets|
|Author||:||George W. Arnett|
|Publisher||:||John Wiley & Sons - 2011-03-01|