Most client investments are made through low - cost mutual funds and other cost - effective vehicles, which are typically held in custody accounts at large institutions. (palisadeshudson.com)
All this to say that if you have a simple and cheap custody account with a couple of Index trackers / ETFs you'll save a bundle in the long run for essentially the same exposure. (monevator.com)
65 percent limit on holdings auctioned - Sixty - five percent of each Treasury security owned by SOMA, and maturing at least two weeks from the current date, will be available for lending each day, unless fewer securities are in the SOMA custody account at the time of auction. (newyorkfed.org)