Born John Stephen Sudduth in Louisiana, Mikky Ekko had a restless childhood as the son of a preacher, moving around America's deep south. Having settled briefly in Tupelo, Mississippi, and absorbed as much gospel as he could, he relocated to Nashville, Tennessee, and started playing in bands.
In the vast majority of cases, all these securities are held in the name of your brokerâs nominee company. A nominee company is a custodian charged with the safekeeping of investorsâ securities. It should be a separate entity from the broker itself. Your investments are held for you â on trust â in a nominee account. This means that while the nominee is the legal owner of the securities, you retain actual ownership as the beneficiary.
Full Nominee Structure. In cases where a full nominee structure is applied when setting up a company (director, secretary and shareholder), the same rules which state that where there is a sole director, the secretary would have to be another separate person or company also apply.sing a Nominee Director to Protect Identity. The principle reason why a nominee director is typically used in a company would be to protect the identity of the person who wishes to run the business.