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How are the U.S. shares in my account registered?

While clients are the beneficial owner of all securities held in their account, all such securities are held in 'Street Name' meaning that they are registered in the name of MEXEM on the books of the issuer.

MEXEM, in turn, holds them for you in what is known as 'Book-Entry' form meaning that we manage a record on our books that you are the owner of the securities.

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