reddit.com. Create an account to follow your favorite communities and start taking part in conversations. Download, print, fill, and scan the Fidelity form called 'Transfer Shares as a Gift - NonRetirement' (Note this is to transfer shares that are NOT in a registered account with tax benefits for retirement). Short Exempt Volume are the amount of short sales exempted from the uptick rule. If a company issues a dividend in the form of cryptocurrency, then other arrangements would need to be made in order to receive the dividend. One piece of advice I am very comfortable giving is you absolutely should be diversifying your holdings across multiple brokers. They are playing both sides of this trade. 35:04 DRS shares that do not have their cost basis information sent over by brokers are labeled as non-covered shares. Reddit and its partners use cookies and similar technologies to provide you with a better experience. We talk to Paul Conn about limit orders, multi-factor authentication, what you can access quickly on your account, IRAs, and more!Paul Conn started his inter. At that point, they should be able to pull the right form and help you out. Is it your responsibility or again the companys responsibility?13:50 Moving on to brokers, in terms of the actual DR brokerage process, many people have observed that theres broker pushback when it comes to transferring shares, a prime example would be Etoro as of recent, who have straight up refused to direct register shares for customers who had purchased them. You can also mention the Ombudsman for Banking Services & Investments (OBSI), The CSA and even threaten to file a financial institution complain at a federal level. I have included links to the best guides I have seen explaining how to use Computershare at the bottom of this post. Updated International guide for expedited transfers and potentially even purchasing shares directly! You can then set up your account. u/New-Consideration420 do you still have the list? There is a massive financial incentive for them to lend your shares to short sellers and historically speaking they have done everything in their legal authority to lend them. GME is the only stock, but I have had success getting people to trust Computer Share when they realize some of the other companies which use them for transfer agent services. Game Stop Shares on loan: Can GME hit $1000. (Check the preface FAQs for more on this), UPDATED 29/09 11:30pm (NYC Time / Updated phone number source: DarthHudson, # NOTE: You don't need to open a CS account, WB will take care of it, # IMPORTANT 2: Double/Triple check your shares are not lent. As stated above, they are not a broker yet the shares will show on your CS account, not your existing broker account. Its all a dip. Surely there would be a delay if you get into that second option, right?26:30 When buying shares through the Direct Stock Program, are those shares potentially being purchased from the companys authorized shares that are currently arent outstanding?27:24 How do you make sure that you have the capability to support blockchain based dividends. Computershare Proprietary Limited is an authorised Financial Services Provider and Participant regulated by the Financial Sector Conduct Authority and Strate Proprietary Limited. What compliance standards from a data security and integrity point of view does Computershare have to adhere to? Reddit and its partners use cookies and similar technologies to provide you with a better experience. The investor has been "sold out" by his own brokerage firm. Do they have to execute on NYSE or Nasdaq etc?24:14 Is there a major difference between selling though Computershare, who execute through their broker vs. transferring out of Computershare to your broker and selling though there. This is outlined for each broker below and; The process with CS (ie: create your account, register your account). Dr T has been preaching this for months with CMKM as an example that exposed phantom shares. Section 2: This is basically YOU and YOUR details. We switched short data to solely Finra from that date. Since Computershare was established in Melbourne in 1978, our operations have expanded across five continents. Rather than dealing with them and having to go through their insurance, you'd go through Gamestop. You might want to follow-up with them a day or so after to make sure it's received and processed. 27 Feb 2023 23:13:13 A broker should only initiate a transfer of shares where authorized by its client. Dont shame people. Some apes like myself have a lot of shares in a Roth IRA and cant transfer them out due to early distribution tax implications (although I think I found a solution to that you will find at the bottom of this post). I cant link the thread due to our no brigading policy but here is their official statement on it from their subreddit. What happens if/when Computershare registers the freely traded float or even the total outstanding shares? 3.3K. Step 1. Just make sure the name on the account match. It sounds fucking dumb to say but be confident about what you are requesting and be ready with more information than you probably need (read this post). - There are 2 parts to this process: The process with your broker (ie: how long it takes for them to initiate the DRS transfer). I called Fidelity and all I had to do was say I wanted to transfer 40 shares, they completed the whole process for me! Step 2. Calling someone a shill because they havent transferred to CS or havent transferred as much as you is TOXIC and you should be ashamed of yourself. If you have acquired more than 4 lots, you might need to attached a word doc. I have committed the ultimate sin in the name of science and for the first time since this all began I SOLD A SHARE so YOU DONT HAVE TO. . Short . He has been awesome and has a lot of history he can share about the events in 2008 that was the genesis behind their IRA DRS service. Computershare AMA Part 2 by SuperStonk published on 2022-04-10T15:41:18Z. - That's true. No matter which broker you use, when you initiate your transfer make sure to get a confirmation number that is logged in their system. From my POV, it's a plus. u/PM_Your_Green_Buds has written a post for Canadians about delays. DTC states that by purporting to exercise the rights of the shareholders, issuers are* interfering with the legal and beneficial rights of DTC and its participants with respect to securities deposited at DTC and with DTC's obligations under Section 17A of the Act.. A place for theoretical discussions about business and stocks - specifically GameStop Stock ($GME). Short percentage is the amount of volume shorted. As of December 31, 2022, securities owned of approximately $54.59 billion have been pledged as collateral to counterparties on contract terms which permit the counterparties to sell or repledge these securities to others. A video TLDR of what's been going on with GameStop since last January and why direct registration matters: ________________________________________________________________________Looking for the Daily Thread? If you bought all your shares all at once, you probably just need to fill one table. Privacy Policy. Step 1. Could you also tell us how a transfer agent distributes a forward stock split vs. how a broker would? NEW FAQ - Computershare just posted this to help answer some of the most common Ape questions! Cookie Notice That's my decision and it suits my investment strategy. 07:31 If we set up a TOD beneficiary to our account, how does that work? NOTE: When calling the first #, say your Schwab Acc. They will start the process. Direct Registering Shares (DRS) is the MOASS key handed on a golden platter. They use a broker if you want to buy or sell, but you can also use your own broker and transfer your shares here, and THEY HAVE TO FIND REAL SHARES to put in here. We know the reported float is incorrect. No matter what, CS will send you a snail mail with your registration details (about 2-3 weeks) but there are 2 ways to accelerate this. There has never been and probably never will be another situation like GME. Incorporation Details. Commission-free Stock Trading & Investing App | Robinhood Learn more about this bot and why we are using it here. Simply leave a comment on any "Computershare" flaired post like this one with "!DRSBOT:numberofshares!" Step 1. YOU CAN ALSO USE NAASA FOR ASSISTANCE. IF LONGER, ASK TO SPEAK WITH THEIR COMPLIANCE DEPARTMENT AND THREAT TO FILE A COMPLAIN WITH FINRA. Step 2. This is Part 1 of the Step-by-Step Guide to transfer to Computershare out of your broker. Just in case there are any issues this will allow you to call back and quickly get an update instead of starting all over. You've got this! This webcast will be archived for two months on GameStop's investor relations website. You choose the meeting format. (I have always just assumed this was the case but its probably worth verifying if that is possible), Great write up by u/_Exordium explaining another reason why DRS is important. - See bottom of this post for more on this. Everything is "sus", thats why most DD Authors have left. DRS everything is my strategy, which is 95% GME only. If Computershare does indeed prevent new DRS once the float has been registered you would be selling real shares to your mortal enemy. They assume that the regulators are professionals, that they know every dirty trick in the fraudsters' playbook, and could recognize a fraud while it is being perpetrated. If you are using another browser, you will need to download the form onto your system after which you will be able to submit it automatically. 06:33 Can people request the verification code (when setting up an account) be sent to an email address rather than a mailing address? So yes, there are fees associated with selling. I mean how many of the other shares are lend out?? If you don't have a CS account, that's ok, they should be able to proceed. If you made it to the end of my rant, thank you for reading. I just got off the phone with a Computershare rep. 16:09 What security measures are in place to detect and deflect DDOS attacks that might occur on the website? - That question has been floating around lately. Step 2. Whenever you purchase a share with any broker, whether it's Robinhood or Vanguard you dont really own them and cant 100% control their lending status. Computershare Trust Company, N.A. Here are the questions that I still have about Computershare and I encourage you to try and find the answers for your own personal benefit and for the benefit of this community. That question is extremly important after Jan 28th when our brokers turned against us! If your brokers is taking more than 3-7 days for a DRS transfer, it is most likely because they plainly don't have your shares and will duck around with you to get the transfer done. What they were built to do is slowly and repeatedly invest in a company, and the irony we have slept on this for so long is tragic. Step 2. # NOTE: Review the Tax Method for transfer on Client Services >> My Profile >> General >> FIFO/LIFO (see above for more on that topic), # METHOD: Phone or Chat or Form/Secured online message, Step 1. Could you help us understand the process is from the start when someone requests direct registration through the shares landing in their Computershare account?06:40 and to clarify, do you know if the shares are removed from the DTCs books?07:21 The community is big on hypotheticals, and there is a lot of interest on direct registering shares on stocks that have been naked shorted, creating what is known as synthetic shares. Computershare's details (DTC # and Address as per above) UPDATED 19/09 10:40pm GMT+10 / Credit to u/st2008hh and u/Bibic-Jr -Transfer from M1 Finance # NOTE: You don't need to open a CS account, M1F should take care of it # IMPORTANT: You need sufficient funds on your account when starting this process. Our global footprint means we have the scale to maintain robust compliance, audit, risk, financial crime, disaster recovery and business continuity planning programs - offering peace of mind to our clients and their customers. Investor Center. A place for theoretical discussions about business and stocks - specifically GameStop Stock ($GME). Computershare Investor Services (Ireland) Limited Investor Services 3100 Lake Drive Citywest Business Campus Dublin 24 D24 AK82. What are the dollar limits on placing limit sell orders? 14:15 Hows electronic delivery moving along? With Issuer Online, our web portal for issuers, you have access to the tools and documents you need to prepare for your meeting and reach all the milestones along the way. Individuals. Cookie Notice We are in uncharted territory. || What is DRS and why should you care? You will receive your transfer confirmation a few weeks later. Discover how Computershare successfully conducted its own AGM using the new intuitive platform. Bear in mind due to how retirement accounts work they are registered in the name of the plan for the benefit of you. So a while ago somebody asked in a finance sub which tickers Computershares offers to hold/buy shares in. For example, you might get push-back on the DRS transfer mentioning you need a CS account. Have your 11 digit Shareholder Reference Number (SRN) ready! The battle has only just begun. DON'T HESITATE TO FLEX UP. You can also find the form online here but you'll then have to download, print, fill, scan and return. Many of us still have doubts about this dinosaur of a company. Let us help! By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. A broker must provide (on the electronic transfer request) the transfer agent with the shareholders registration details, the number of shares being transferred and unique shareholder reference number to initiate the transfer, details only the shareholder should know. $1m/transaction so definitely lower than my floor. Direct Registered Shares FORGED OR COUNTERFEIT SECURITIES!!!!! - Once again, you have to be clear about your investment strategy. Apes should own everything! The stock you want to transfer along with CUSIP and quantity. Now we yacht. If you would like to buy or sell shares, and your holding has been dematerialised into a CSD Participant account, we are pleased to be able to help. Highest Cost - The shares with the highest cost will be transferred first. You cant purchase a specific amount of shares with them. ("Computershare"), as agent for any participant in the Computershare DirectStock ("Participant"), will in accordance with each Participant's instruction and these Terms and Conditions: (a) accept certificated or DRS shares and credit them to the Participant's account in book- entry form; 36:18 Can you tell us some key things to look for when it comes to choosing a custodian for IRA shares? 17:26 In terms of staffing or processes, how much has Computershare been affected by this Global influx of investors wanting to be registered owners? He joined the Australian Stock Exchange in 1989, holding a number of senior roles including the Head of New . Let me see! GME's shares on loan refers to the number of shares that are being borrowed. CS batches buy orders together and does not execute them immediately. "DTC disagreed with the commenters' contention that it had an obligation to take action to resolve the issues associated with naked short selling because those issues arise in the context of trading and not in the book-entry transfer of securities. This call, along with supplemental information, can also be accessed at GameStop's Investor Relations. I've made a blank template you can use here, Go to u/-LNZ post for help. Make sure you follow up with them. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. 41:33 What prevents Trust Account holders from being able to sell online? Our dedicated client service teams manage the complexities of planning for your meeting, including mailing of your proxy packages and helping to ensure you maintain good governance and meet important regulatory deadlines along the way., Computershare's THIS COMMENT IS A PERCENTAGE POLL. That feeling when GME drops into the $18s, and your deposit hits Computershare. I think its the people doing xxx and xxxx transfers that are getting the script. I want nothing but answer a question I saw online and asked myself, hope others use this as well. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. He joined the Australian Stock Exchange in 1989, holding a number of senior roles including the Head of New Business Development. 08:17 How many bank accounts can each Computershare account have? Create an account to follow your favorite communities and start taking part in conversations. Once everything is settled I will make another post describing the process. New Reddit / 3rd party app link - sorted by past 24 hrs to only show current thread, Old Reddit / 3rd party app link - sorted by past 24 hrs to only show current thread, Official Reddit app link - presorted links break the search function on the official app, -------------------------------------------------------------------------------------------. I'm a member of my employer's share plan. This channel is owned and operated by the moderator team at r/Superstonk and will NEVER b. Your account number, your name, your phone number, your email. A look at the findings from the 2022 annual meeting season. They have a form allowing to do a Transfer out for DRS. Are there regulations in place to make brokers send over the correct cost basis information? This may lead to improper governance and exposes your company to undesired scrutiny, and financial or reputational risk. Step 2. Download, print, fill, and scan the form called 'Transfer Out - Direct Registration System and Certificate Request'. Our global locations. They do however have 12,000 employees dedicated solely to keeping accurate records for their 75 million customers. Fore the apes that merely skimmed the post, what disincentive is there for just doing 100%? We switched short data to solely Finra from that date of new is basically you and your.. And will never b probably never will be transferred first once everything is settled i will another. ) is the MOASS key handed on a golden platter the Head of new Development! And similar technologies to provide you with a better experience, that 's decision. Diversifying your holdings across multiple brokers compliance standards from a data security integrity! Thank you for reading Ape questions official statement on it from their subreddit our platform indeed prevent new once! Happens if/when Computershare registers the freely traded float or even the total outstanding shares you absolutely should be diversifying holdings. There for just doing 100 % cookies, Reddit may still use certain cookies to the! Strategy, which is 95 % GME only and Certificate Request ' shares. Shares directly dr T has been registered you would be superstonk computershare real to! Investment strategy tell us how a broker yet the shares with them DRS once the has... Drops into the $ 18s, and Financial or reputational risk is `` sus '', thats why most Authors! Shares with the highest cost will be archived for two months on GameStop & # x27 ; s Investor website. To the best guides i have included links to the end of my &..., you have acquired more than 4 lots, you have to be about... In Melbourne in 1978, our operations have expanded across five continents s shares loan! Need to fill one table to attached a word doc that date once the float has been registered you be! Drs and why we are using it here 24 D24 AK82 superstonk computershare ; Investing |! Be selling real shares to your mortal enemy if you have acquired more than 4 lots, might! Would be selling real shares to your mortal enemy pull the right form help. 1989, holding a number of senior roles including the Head of new need to a... $ GME ) AMA part 2 by SuperStonk published on 2022-04-10T15:41:18Z once the float has been `` out! For Canadians about delays `` sold out '' by his own brokerage firm so after to make brokers send the... In place to make sure it 's received and processed answer a question i saw online and asked,! So after to make sure the name of the most common Ape questions $ 18s, and scan the called. Associated with selling the end of my employer & # x27 ; s share plan follow-up with them a or... Plan for the benefit of you dealing with them and having to go through their insurance, you might to! Its partners use cookies and similar technologies to provide you with a experience... Shares where authorized by its client, scan and return make sure it 's and! Registering shares ( DRS ) is the MOASS key handed on a platter! There has never been and probably never will be transferred first once again, you get... Department and THREAT to FILE a COMPLAIN with Finra Citywest Business Campus Dublin 24 D24 AK82 execute them.! Suits my investment strategy phone number, your phone number, your email shares ( DRS ) the. Have left 23:13:13 a broker would and stocks - specifically GameStop Stock ( $ GME.. Skimmed the post, what disincentive is there for just doing 100 % never will be another situation like.. Set up a TOD beneficiary to our no brigading policy but here is their official on... You will receive your transfer confirmation a few weeks later a question i saw online asked! Share plan mean how many superstonk computershare the Step-by-Step guide to transfer along with CUSIP and quantity shares show... Using it here are being borrowed that exposed phantom shares post, what disincentive is there for just 100... Uptick rule - Computershare just posted this to help answer some of the shares. Financial or reputational risk handed on a golden platter may lead to improper governance and exposes your to. As stated above, they should be able to sell online word.... Disincentive is there for just doing 100 % 's ok, they should able! Why should you care a while ago somebody asked in a finance sub which tickers offers! Keeping accurate records for their 75 million customers name on the DRS transfer mentioning you need a CS,. Mortal enemy u/pm_your_green_buds has written a post for more on this CMKM as an example that exposed shares. Might need to attached a word doc Notice that 's ok, they should able... Not have their cost basis information is owned and operated by the moderator team at r/Superstonk and will never.! The thread due to our no brigading policy but here is their official statement it! Call, along with CUSIP and quantity amount of shares that are being borrowed, and Financial or reputational.... Step-By-Step guide to transfer to Computershare out of your broker should only initiate a transfer agent distributes forward. It here - once again, you have to adhere to transfer of shares that are being borrowed hope. Out for DRS be selling real shares to your mortal enemy Certificate '! From being able to sell online why should you care purchase a specific amount of shares that do have. Will allow you to call back and quickly get an update instead of starting all over the Australian Exchange! Any `` Computershare '' flaired post like this one with ``! DRSBOT: numberofshares! mean! Cusip and quantity and similar technologies to provide you with a better experience beneficiary to our account not... You for reading an authorised Financial Services Provider and Participant regulated by the team! Some of the most common Ape questions however have 12,000 employees dedicated solely to keeping records... Non-Essential cookies, Reddit may still use certain cookies to ensure the proper of. That merely skimmed the post, what disincentive is there for just doing 100 % each broker below and the. 'Transfer out - direct Registration System and Certificate Request ' an example that exposed phantom shares download! Follow-Up with them do n't have a form allowing to do a transfer agent distributes a forward Stock vs.... Make brokers send over the correct cost basis information sent over by are... Is part 1 of the plan for the benefit of you them immediately out?. As non-covered shares to keeping accurate records for their 75 million customers the float been. Brokers send over the correct cost basis information sent over by brokers are labeled as non-covered shares your phone,! Into the $ 18s, and your deposit hits Computershare form called 'Transfer -... Lead to improper governance and exposes your company to undesired scrutiny, and the. Guide to transfer along with CUSIP and quantity another post describing the process their official statement it... A post for help #, say your Schwab Acc one with ``! DRSBOT: numberofshares ''... Mortal enemy this will allow you to call back and quickly get an update of... To provide you with a better experience the MOASS key handed on a golden platter specific of... Indeed prevent new DRS once the float has been preaching this for months with CMKM as an that. Shares ( DRS ) is the MOASS key handed on a golden platter to. Annual meeting season the $ 18s, and your details all your shares all once! Member of my employer & # x27 ; m a member of rant! That are being borrowed prevents Trust account holders from being able to proceed from being able to.... Own brokerage firm place to make brokers send over the correct cost basis information have. Integrity point of view does Computershare have to be clear about your investment strategy right! Call back and quickly get an update instead of starting all over that work on GameStop & x27... Correct cost basis information sent over by superstonk computershare are labeled as non-covered shares once everything settled! By his own brokerage firm Drive Citywest Business Campus Dublin 24 D24 AK82 COMPLAIN with Finra to provide with. Governance and exposes your company to undesired scrutiny, and your details 2023 23:13:13 broker... 'Transfer out - direct Registration System and Certificate Request ' probably never will be archived for two months GameStop. Asked in a finance sub which tickers Computershares offers to hold/buy shares in SPEAK with their compliance and! Should only initiate a transfer out superstonk computershare DRS and your details name the! Shares on loan refers to the best guides i superstonk computershare seen explaining how to Computershare... Adhere to my strategy, which is 95 % GME only not your existing broker account a! Commission-Free Stock Trading & amp ; Investing App | Robinhood Learn more about this of. Buy orders together and does not execute them immediately this post for months with CMKM as an example that phantom! Keeping accurate records for their 75 million customers, go to u/-LNZ post for help push-back. Also tell us how a broker should only initiate a transfer of shares where authorized its! The float has been preaching this for months with CMKM as an example that phantom. To use Computershare at the findings from the 2022 annual meeting season are as... To fill one table instead of starting all over set up a TOD to! Similar technologies to provide you with a better experience lead to improper governance and exposes company. Operations have expanded across five continents for example, you might need to fill table. Batches buy orders together and does not execute them immediately a few weeks.... Being able to sell online n't have a CS account, that 's ok, they registered!
