Degiro Stocks & Shares Account for Minor
Get answers from your equivalent of the IRS, or a local lawyer or accountant who specializes in taxes.  Any other answer you get here would be anectdotal at best.  Never good to rely on legal or medical advice from internet strangers.
"This information is clearly ""material"" (large impact) and ""non-public"" according to the statement of the problem.  Also, decisions like United States v. Carpenter make it clear that you do not need to be a member of the company to do illegal insider trading on its stock. Importantly though, stackexchange is not a place for legal advice and this answer should not be construed as such.  Legal/compliance at Company A would be a good place to start asking questions." "They may be confused. The combination of ""my wife received stock when younger"" and ""her father just died"" leaves questions. A completed gift, when she was a kid, means she has a basis (cost) same as the original owner of that stock. This may need to be researched. The other choice is that she gets a price based on the date of dad's death, a stepped up basis, if it was his, but she got it when he passed.  No offense to them, but brokers are not always qualified to offer tax advice.  How/when exactly did she get to own the stock. Upon second reading it appears I answered this from a tax perspective. You seem to have issues of ownership. What exactly does the broker tell you? In whose name is the statement for the account holding these shares? Scott, saw your update. For the accounts I have for my 13 year old, I am custodian, but the tax ID is her social security number. When 21, she doesn't need my permission to sell anything, just valid ID. What exactly does the broker tell her?" If you go through the web pages of some online brokers, you will find out that some of them allow you to manage friends/relatives accounts from your account as a trusteer. That should really solve your underlying problem, you will need only one login, etc. (Example: https://www.interactivebrokers.com/ff/en/main.php) If I understand it right it will even allow you to make one trade splitting the cost and returns among the other accounts, but you would have to verify that. Anyways, that will save you a lot of trouble and your broker can probably help you with the legal necessities. They are 2 different class of shares belonging to the same company. Class A shares [par value of 0.01] have 100 voting rights per share. Class B shares [par value of 0.0002] have one voting rights.  Both are listed separately with different ISN and trade at slightly different values. The Class A at higher value than Class B which looks right as it has more voting power. The point of that question is to test if the user can connect shares and stock price.  However, that being said yeah, you're right. Probably gives off the impression that it's a bit elementary. I'll look into changing it asap. First, a margin account is required to trade options.  If you buy a put, you have the right to deliver 100 shares at a fixed price, 50 can be yours, 50, you'll buy at the market. If you sell a put, you are obligated to buy the shares if put to you. All options are for 100 shares, I am unaware of any partial contract for fewer shares.  Not sure what you mean by leveraging the position, can you spell it out more clearly? I am not sure whether this hold in all countries, but at least in the Netherlands my bank allows for investment in funds without charging transaction costs. The downside is that these funds charge an annual fee of about 1%, but for the amounts you are talking about this definitely sounds more attractive than the alternative. As an alternative, you could ofcourse just take care of the transaction costs. That way your child can see their funds develop as you put it into different stocks without being distracted by the details. Of course you feel the 'pain' but I believe the main lesson stands out most this way. Nothing. Stockbrokers set up nominee accounts, in which they hold shares on behalf of individual investors. Investors are still the legal owners of the shares but their names do not appear on the company’s share register. Nominee accounts are ring-fenced from brokers’ other activities so they are financially secure. "You say: To clarify, my account is with BlackRock and the fund is titled ""MID   CAP GROWTH EQUITY-CLASS A"" if that   helps. Not totally sure what that   means. You should understand what you're investing in.  The fund you have could be a fine investment, or a lousy one.  If you don't know, then I don't know. The fund has a prospectus that describes what equities the fund has a position in.  It will also explain the charter of the fund, which will explain why it's mid-cap growth rather than small-cap value, for example.  You should read that a bit.  It's almost a sure thing that your father had to acknowledge that he read it before he purchased the shares! Again: Understand your investments." The reason for such differences is that there's no source to get this information. The companies do not (and cannot) report who are their shareholders except for large shareholders and stakes of interest. These, in the case of GoPro, were identified during the IPO (you can look the filings up on EDGAR). You can get information from this or that publicly traded mutual fund about their larger holdings from their reports, but private investors don't provide even that. Institutional (public) investors buy and sell shares all the time and only report large investments. So there's no reliable way to get a snapshot picture you're looking for. If I bought 1 percent share of company X, Most countries company X, is treated as a separate legal entity than individual. So max loss is what you have invested. However certain types of companies, generally called partnerships are not separate entities and you have to pay back the said loss. However such companies are not traded on stock exchanges. Is there an age requirements to enter the stock market? Depends on country. Generally a minor can hold an account with a guardian. I find the reg, at last. https://www.sec.gov/cgi-bin/browse-edgar?company=Cornerstone+Strategic+Value+Fund&owner=exclude&action=getcompany Yes, its a common stock. You need to find out exactly  how the two accounts are titled. If an account  is an UGMA (Uniform Gifts to Minors Act) account that is in your name with your mother/father as custodian, then you are entitled to all the money in the account when you become an adult. If the account is indeed a UGMA account,  the bank is supposed to not let the custodian operate the account once the  child becomes an adult, but this does not always happen.  There was a  question earlier on money.SE (which I cannot find at this time) in which  the 25-year-old person asking the question claimed that  his father was still buying and selling shares in his UGMA brokerage  account and the IRS was asking why the profits and losses from these transactions were not being reported on the 25-year-old's tax return. Money in an UGMA account is not supposed to be used for payment of household expenses, food, etc. which is the parent's responsibility during the minority, but this can well be abused. As to whether money was taken out and then restored (or possibly not restored, as you seem to suspect), it is possible to sue the custodian for improper handling of the UGMA account and recover the funds, but whether one wants to sue a parent over what might be a relatively small sum is another matter. Consider whether most of what is recovered might go to pay legal fees or other costs of the recovery process, and will likely ruin a family relationship. If the accounts are titled as joint accounts, then either party can empty the account without informing the other. But doing so would need information about the account number etc. which you may not have. For tax purposes, there is also the issue of whose Social Security  Number is listed on the account, yours or your parent's. See also this answer  for a view of what happens from the other side. Log in to kotak securities demat account. THere, you can find statement of your sell purchase and dividend received. Even without fraud, a company can get into serious trouble overnight, often through no fault of their own. That's part of the hazard of being part owner of a company -- which is what a share of stock is. As a minority owner not involved in actually running the business, there really isn't a lot you can do about that excep to play the odds and think about how that risk compares to the profit you're taking (which is one reason the current emphasis on stock price rather than dividends is considered a departure from traditional investing) and, as everyone else has said, avoid putting too much of your wealth in one place.