There is no CHESS equivalent in US. All share certificates are with a private entity- Cede & Co.
The investors get an IOU from the brokers and DTCC which allows for extreme criminal activities like Citadel conducts in its dark pools.
I will be selling my CDIs as soon as possible since they will be linked to an IOU.
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- Ann: Scheme Booklet registered by ASIC
Ann: Scheme Booklet registered by ASIC, page-21
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