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BeOne420 6 points ago +6 / -0

I’m not sure you really know how it works to be honest. If you do not know this you don’t k ow what you are talking about

The multi-trillion dollar secret works like this: The Depository Trust Company is a private bank for securities. Every other financial organisation in the US, bankers and brokerage houses, is obliged to secure membership with DTC.

Like the Federal Reserve, DTC is a private company entrusted with national responsibility. It processes all stock and paper securities for every US bank and brokerage house.