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by philip1209 1217 days ago
If you want to be pedantically technical, the Depository Trust Company still technically owns all the shares anyways! https://en.wikipedia.org/wiki/Depository_Trust_Company
2 comments

Someone read the latest Matt Levine email :)
If you want to be pedantically technical, Cede & Co. owns all of the publicly issued stock in the United States.
This doesn't seem to be true; the sentence in the Wikipedia article that says it (https://en.wikipedia.org/wiki/Cede_and_Company) links to an article that says something else (https://www.bloomberg.com/opinion/articles/2015-07-14/banks-...).

They do own all the digital stock, but not the paper stock.

Only if you're using a broker. You can use a transfer agent and direct register your shares.