WARNING: You Don't Actually Own Your Stocks (The "Phantom Shares" Scandal)

If you think you own the stocks in your brokerage account, you need to watch every second of this video. The reality is, you likely own a "security entitlement" to a share that might not even exist. In this deep dive, Finance Prism exposes the mechanics of "Phantom Shares"—from the loophole of the Market Maker Exemption to the black hole of Failure to Deliver (FTDs). We break down exactly how predatory hedge funds use a strategy called "Cellar Boxing" to destroy American companies for tax-free profit, and why the system allows it. We also cover the history of the "Paperwork Crisis," the Overstock digital dividend, the GameStop saga, and the only mathematical way to prove true ownership: Direct Registration (DRS).