 Even though DTC Participants own most of the stock of DTC, the DTC is technically a subsidiary of the Depository Trust & Clearing Corporation because DTCC owns the only voting stock.DTC is not the holder of record of the securities for which it manages the custody.DTC instead designates Cede and Company, whose partners consists of DTC employees, as their main custodial Nominee pursuant to New York's legislation called the Uniform Commercial Code, Article 8