Traders work on the floor of the New York Stock Exchange on Jan. 2, 2026. Spencer Platt/Getty ImagesCommentaryMost Americans believe that when they “buy” a stock, bond, or exchange-traded fund in a brokerage account, they become the legal owner of that security. The statement shows their name, and the shares appear as belonging to them.
You Dont Own Your Stocks the Way You Think You Do
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