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.
DEFINITION of 'Incumbent'. An individual that is responsible for a specific office within a corporation or government position. This person has an obligation to the position or office he/she holds.All incumbents of an organization, such as directors and officers, are listed on an incumbency certificate.This is an official or regime currently holding office or a post. For example, in politics, The incumbent governor was defeated in the elections..his term is also used in the form of an obligation.. For example, It is incumbent for the President to sign the new health care policy in order to meet the nations' current health care needs..