Chains of intermediaries: an analysis of the corporate law problems caused by chains of intermediaries in the holding of shares in listed companies and their possible solutions: a comparative legal analysis. Ghent University
The ultimate investor in shares issued by a listed company rarely has a direct link with that company Rather, the investor usually holds these shares through a chain of intermediaries and/or securities accounts This sometimes causes problems when the ultimate investor wants to vote his shares, when information has to be exchanged between the company and the investor or when the investor wants to exercise certain “overnance rights” such as ...