chess - broker sponsored

  1. AgAu
    3,299 Posts.
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    15/01/12
    12:40
    Post #: 9551814
    Anyone have any thoughts on this

    I have a Comsec Account

    Do I own the shares in my Comsec Portfolio or not ?

    I ask this as after the MF Global implosion I am starting to wonder about this

    Being Chess - Broker Sponsored - does this allow Comsec to Lend shares registered in my name ?

    I will be contacting Comsec about this but anyone else wonder about what happens if say Comsec went bust, there website http://www.comsec.com.au/Public/ToolsSupport/Important_Instructions.pdf say's Comsec is owned by Comm Bank and is not guaranteed
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    lightbulb Created with Sketch.  Great analysis
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