Practical Law Glossary Item 7-382-3845 (Approx. 2 pages)
Glossary
Street Name
A common way that investors hold publicly-traded securities. This means a brokerage firm holds its client's securities in its own name (or in the name of another nominee) and not in the client's name. The brokerage firm, in turn, keeps records showing the client as the real or beneficial owner. The client does not get a certificate evidencing its ownership of the securities, but receives an account statement from the broker on at least a quarterly basis showing the client's holdings.