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Nairaland Forum / Nairaland / General / Business / What Happens To Investors Stocks When Broker Goes Goes Bankrupt? (234 Views)
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What Happens To Investors Stocks When Broker Goes Goes Bankrupt? by Nicedavo(m): 5:56am On Feb 24, 2022 |
I keep wondering what happens to the stocks of investors if the stockbroker goes out of business? I know the stocks is in the CSCS account, but how can it be transfer to a new broker? Does anyone know? |
Re: What Happens To Investors Stocks When Broker Goes Goes Bankrupt? by gasparpisciotta: 6:33am On Feb 24, 2022 |
Simply walk into another stockbroking firm do them a letter authorizing them to take over your CSCS account |
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