Holding UK Stocks?
Dec 19th 2007, 1:03 pm
#1
Just Joined
Thread Starter
Joined: Dec 2007
Location: Hartford, CT
Posts: 1
Holding UK Stocks?
The recent SEC regulations are making it increasingly difficult (actually near impossible) for UK institutions (banks etc) to hold UK Stocks for ex pats living in the USA.
I've been told that the only option is to have the UK Stocks held by a USA based broker - is this true?
Does anyone have any suggestions how to resolve this problem (i.e. a UK institution that will hold the stocks) or know of any USA brokers prepared to hold UK stocks for clients (without silly fees!).
Thanks
I've been told that the only option is to have the UK Stocks held by a USA based broker - is this true?
Does anyone have any suggestions how to resolve this problem (i.e. a UK institution that will hold the stocks) or know of any USA brokers prepared to hold UK stocks for clients (without silly fees!).
Thanks
Dec 19th 2007, 2:35 pm
#2
Account Closed
Joined: Jan 2007
Posts: 494
Re: Holding UK Stocks?
The recent SEC regulations are making it increasingly difficult (actually near impossible) for UK institutions (banks etc) to hold UK Stocks for ex pats living in the USA.
I've been told that the only option is to have the UK Stocks held by a USA based broker - is this true?
Does anyone have any suggestions how to resolve this problem (i.e. a UK institution that will hold the stocks) or know of any USA brokers prepared to hold UK stocks for clients (without silly fees!).
Thanks
I've been told that the only option is to have the UK Stocks held by a USA based broker - is this true?
Does anyone have any suggestions how to resolve this problem (i.e. a UK institution that will hold the stocks) or know of any USA brokers prepared to hold UK stocks for clients (without silly fees!).
Thanks
Dec 19th 2007, 2:37 pm
#3
Riding on silver wings
Joined: Oct 2007
Posts: 10,543
Re: Holding UK Stocks?
The recent SEC regulations are making it increasingly difficult (actually near impossible) for UK institutions (banks etc) to hold UK Stocks for ex pats living in the USA.
I've been told that the only option is to have the UK Stocks held by a USA based broker - is this true?
Does anyone have any suggestions how to resolve this problem (i.e. a UK institution that will hold the stocks) or know of any USA brokers prepared to hold UK stocks for clients (without silly fees!).
Thanks
I've been told that the only option is to have the UK Stocks held by a USA based broker - is this true?
Does anyone have any suggestions how to resolve this problem (i.e. a UK institution that will hold the stocks) or know of any USA brokers prepared to hold UK stocks for clients (without silly fees!).
Thanks
http://www.credit-suisse.com/us/en/
Dec 20th 2007, 6:03 pm
#4
Cornish Pasty Lover
Joined: Jun 2004
Location: Atlanta Y'all
Posts: 93
Re: Holding UK Stocks?
natWest dumped my UK holdings some time ago, citing Inland Revenue crap. Currently my share certs are stuck in a bank safety deposit box!
That said, I just got an email from E-Trade about their global trading account!
Haven't checked into yet!
That said, I just got an email from E-Trade about their global trading account!
Haven't checked into yet!
Dec 20th 2007, 6:04 pm
#5
Riding on silver wings
Joined: Oct 2007
Posts: 10,543
Re: Holding UK Stocks?
Hey! It looks like you're in my hometown! What parts of NoVA?
