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What is the difference between having a security in street form and being registered?

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What is the difference between having a security in street form and being registered?

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A certificate in street form means that the certificate is endorsed and is transferable by the holder. In this case, the holder can present the certificate and have it registered in his/her name. If the securities are registered, the security holder has the physical certificate in hand and their legal name is printed on the front. The certificate is not necessarily endorsed.

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