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Cede & Compamy

posted 198 days ago by theW0knessHurts 198 days ago by theW0knessHurts +37 / -1

Anyone ever heard of this. Supposedly no one owns any stock in any company but they hold all stocks for all companies in NYSE, NASDAQ etc... idk haven't seen it posted here so I thought I'd get the ball rolling on that for some digging

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– oneblondehair 3 points 198 days ago +3 / -0

"Did you know that every share of every stock is actually held by a private company called DTCC?

And it turns out that company was at the heart of what happened and is still going on with GME.

Conflicts of interest and SROs everywhere.

Probably nothing… 🤔"

https://twitter.com/Cancelcloco/status/1740515711775346762?t=0CFO13KcJBPa2J7vXhGrVQ&s=19

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