If I sign the paper I'm agreeing for the bank to keep my information private on how many shares that I own. If I don't sign the paper, they will automatically let the companies no how many shares I own in my mutual funds. Before I agree or disagree what's the outcomes good and bad of them knowing how many shares I own in their company?
2006-12-11 07:19:54 · 2 answers · asked by Anonymous in Business & Finance ➔ Investing
fire your bank and move your money to an honest one.
2006-12-12 00:39:57 · answer #1 · answered by Ovrtaxed 4 · 0⤊ 0⤋
What kind of companies are interested in your personal holdings? Is the bank attempting to sell your information to marketing firms? This sounds very weird to me.
I would ask for a bank manager. I think the banker is explaining the process incorrectly to you.
2006-12-11 09:12:31 · answer #2 · answered by MR MONEY 3 · 0⤊ 0⤋