Category: Uncategorized
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A $2.77 Lesson: Why I’m Opting Out of Securities Lending
As I was doing my taxes this year, I noticed a surprising 1099-MISC from my Canadian brokerage. After a bit of research, I learned that this was the result of my participating in a securities lending program, where my brokerage would loan my shares out and split the fees with me. At first, I was…
