Template:M summ GMSLA Nominee: Difference between revisions
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Amwelladmin (talk | contribs) (Created page with "Not quite the same as a custody nominee — this is more a lazy reference to the general case of an agent or custodian who handles assets and payments on your...") |
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Latest revision as of 10:59, 2 July 2020
Not quite the same as a custody nominee — this is more a lazy reference to the general case of an agent or custodian who handles assets and payments on your behalf. Usually a “nominee” is a more technical term for the entity a custodian or broker/dealer uses to hold client assets entrusted to it for custody, thereby keeping them utterly segregated from the broker’s own assets.