DRS eligible ETFs

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#1 Wed, Aug 29, 2012 - 4:55pm
Joined: Oct 13, 2011

DRS eligible ETFs

Anybody know how to get a list of DRS eligible ETFs? I'd like buy only ETFs that give me the option not to hold in street name.

Edited by: rpboxster on Nov 8, 2014 - 5:15am
Fri, Aug 31, 2012 - 10:19am
Joined: Jun 14, 2011

DRS etfs

As far as I know ETNs or ETFs certificates don't exist. Therefore, they can't be delivered to you. That's the beauty of ETFs for the EE...no paper trail. They're just digits on a computer screen. You are wise to ALWAYS take delivery of stock and bond certificates. Your broker can't sell your shares short or sell them to ten different people etc. I've always taken delivery going back to when I first bought stocks in the 1980's. Go ahead and demand delivery of your certificates and see how the broker on the other end of the line will try to talk you out of it. An indication of what they don't want you to do. In my opinion, a person should always do what they don't want you to do because they sole intent of any brokerage is to separate you from your hard earned money. Taking delivery of your certificates cuts the broker out of the equation completely. Your relationship is between you and the company and Exxon is a lot less likely to go under than your broker.