Explainer: What is a Nominee Account?

onMay 10, 2018 @ 06:18 PDT

A nominee account allows a stockbroker to hold shares on behalf of a client, making buying and selling those shares easier. The investor remains the only beneficial owner of the shares.

This may be a way for the investor to make it more difficult for anyone to find out how many shares he/she owns in a company since the name of the investor does not appear on the company’s register of shareholders.

It also allows investors to own shares without being involved with any of the paperwork.

The stockbroker is also able to move or sell shares from the nominee account at any time, a mechanism that enables fraud as regulators are not able to check on nominee accounts holdings daily.

Read DeSmog UK‘s Empire Oil series:

Part One – Black Gold’: London’s African Oil Hub

Part Two – T aking AIM: London’s Wild West Stock Market

Part Three – E xposed: The Elite ‘Boys Club’ Running London’s Opaque Oil Network

Image Credit: Ken Teegardin/Flickr/CC BY–SA 2.0

By Chloe Farand

uk/Revealed: Prince William’s Climate Prize Hired PR Firm Tied to Brazilian Fossil Fuel Industry

ByTJ Jordan

onNov 3, 2025 @ 12:59 PST

The agency — LLYC Brasil — promoted the upcoming Earthshot Prize ceremony in Rio de Janeiro while under contract to oil giant Petrobras.

Fique de Olho Nestes 8 Termos de Greenwashing do Agro na COP30

ByRachel Sherrington and Hazel Healy

onNov 3, 2025 @ 07:59 PST

Empresas de alimentos e do agronegócio vão se apresentar como solução para a crise climática na cúpula no Brasil — embora os alimentos sejam responsáveis por um terço do aquecimento global.

us/‘A Pretty Ugly History’: How Exxon Exported Climate Denial to the Global South

ByGeoff Dembicki

onNov 3, 2025 @ 02:00 PST

With Brazil about to host COP30, DeSmog has obtained copies of checks Exxon mailed to the right-wing Atlas Network in the 1990s to turn Latin America against climate treaties.