Sending Stock Certificates to the Shredder

Ask anyone who’s been involved in a straight through processing project: paper is bad. Any time an organization can eliminate paper, costs go down and efficiency goes up. But when that paper is a stock certificate, automation usually comes to a screeching halt as exchanges, regulators and, more important, individual investors fight the dematerialization of physical stock certificates. The scene is changing, however, as advancements in regulation, technology and shareholder acceptance are cat

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