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Street name means "in the name of the bokerage firm", which is standard practice. You either hold securities in street name at your bank/broker or you take physical delivery of the security, like a barer bond. (Which they don't issue any more) They will get every penny back at maturity as long as they are the registered owner of the security, no matter what happens to the broker.
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Tom J.
911SC Cab
SCWDP
CaymanS
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