I logged in sunday to just putz around the site, there was MFA. https://www.dtcc.com/settlement-and-asset-services/securities-processing/direct-registration-system. Step 2. How to use the DRS BOT that is trying to tally how many shares have been transferred to Computershare, THIS IS THE WAY - How to use the recurring purchase option in CS called DirectStock and how to route purchases in Fidelity through IEX, u/Criand DD on Computershare and why it is so important, How to open a Computershare account and purchase shares (US ONLY), How to convert your newly purchased shares to "Book-Entry" (POTENTIALLY UNNECESSARY), List of brokers that allow for transferring your existing shares to Computershare, How to Computershare (SMOOTH BRAIN EDITION), Using a slow broker? A place for theoretical discussions about business and stocks - specifically GameStop Stock ($GME). EZ PZ Hoping to find a better solution soon. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. Contact CS ~48-72h later to make sure all is fine (GME Team: +1 877-373-6374 and press *99 twice then state it's for Gamestop). Opinions and memes welcome. What began as a place to hold your infinity pool shares or a way to get the best odds possible to collect a hypothetical NFT dividend is quickly evolving into potentially the best place to hold the majority of your GME shares. So while buying takes longer than we would prefer, selling takes no time at all. Press question mark to learn the rest of the keyboard shortcuts. Getting the vote is crucial to the long-term viability of any organization conducting a meeting or vote for their stakeholder groups, including members, employees, customers, investors or creditors. So in these instances where there is broker pushback , is there any route retail customers can take where we can escalate it or actually force brokers to direct register the share?16:06 Would you actually suggest you know, basically, continuing pushing on, if this is retail, to encourage brokers like this to actually invest in the processes? Rather than dealing with them and having to go through their insurance, you'd go through Gamestop. NOTE: You are basically gifting/transferring these shares to yourself. He joined the Australian Stock Exchange in 1989, holding a number of senior roles including the Head of New . Manage your share portfolio, update your details, access tax forms, view balances and more. Everything is "sus", thats why most DD Authors have left. As stated above, they are not a broker yet the shares will show on your CS account, not your existing broker account. 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. https://www.sec.gov/rules/sro/34-47978.htm, DTC states that issuers to do not have continuing ownership rights in shares they have sold into the marketplace and therefore cannot control the disposition of shares already registered in DTC's nominee name by directing that those shares be surrendered to the transfer agent or by restricting their eligibility for book-entry transfer at DTC.44 DTC contends that attempts by issuers to control their publicly traded securities are improper and may constitute conversion*. Section 2: This is basically YOU and YOUR details. Step 2. Bear in mind due to how retirement accounts work they are registered in the name of the plan for the benefit of you. >Ongoing hiring of specialists of e-commerce, UI, UX, blockchain and supply chain operations. DRS everything is my strategy, which is 95% GME only. First direct purchase on Computershare via the Wise App for this Maple Ape (and yes, I'll be moving these to Book) comments sorted by . We all know that account creation and buying shares is a convoluted, confusing and slow process. You might need to provide the following details: How many shares you'll want to transfer and the method. DRS your IRA the YOLO way (Small tax hit). Cookie Notice 19:37 Have you had any media inquiries asking questions about GME investors? In fact if you go off the average share price every 2 weeks from March till September and had purchased shares automatically through this program, your cost basis would be close to $191.10. The guidelines have three levels of accessibility (A, AA and AAA), and the Computershare site aims to meet AA standards. Once you talk to someone (can take a while), be knowledgeable and ask for an Outbound DRS Transfer for some of your Gamestop shares to the official registrar (Computershare). Here is something I found really quickly. I just got off the phone with a Computershare rep. Computershare has agreed to a second AMA. We help clients increase shareholder participation and transition from traditional, in-person meetings to virtual meetings, or a hybrid of the two. 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. 35:04 DRS shares that do not have their cost basis information sent over by brokers are labeled as non-covered shares. Please upvote to the top so it doesn't get buried. Receiving firm's details (CS): Name, Address, DTC #, and who you want the shares to be registered to. - Once again, you have to be clear about your investment strategy. ===================================================================. Step 1. Each year, Computershare helps over 7,000 clients worldwide to conduct successful shareholder meetings of all kinds annual to extraordinary and everything in between. 34:29 Are there any plans for a mobile app? OH WHAT"S THAT??? 67. r/Superstonk. GME stock has approximately 18.67 million shares on loan. Have a quick look at a few select quotes from a comment to the SEC over 15 years ago. UPDATED 23/9, 8:45am NYC Time / Confirmation that live chat works NomNomNommy on 22/9 / Added form method on 29/9. Press J to jump to the feed. Edit: I buy only GME, I only try to help spread word, memes and info about our beloved company and the transfer agent and I get hated like crazy? Before we wrap this up the final piece of the puzzle is what it looks like to SELL with Computershare. There has never been and probably never will be another situation like GME. I cant link the thread due to our no brigading policy but here is their official statement on it from their subreddit. By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising. View announcements, advanced pricing charts, trading status, fundamentals, dividend information, peer analysis and key company information. I am so incredibly proud to be a part of this community and constantly in awe at the content put out by this sub. A place for theoretical discussions about business and stocks - specifically GameStop Stock ($GME). KEEP THE FOLLOWING IN MIND: AS PER FINRA RULE 11870, YOUR BROKER HAS 3 DAYS TO DO A TRANSFER TO ANOTHER BROKER (NOT DRS). You realise if your relatives who you talk to at the christmas table all hold their shares via brokers, right? We switched short data to solely Finra from that date. If you see any posts that belong in this list please comment or send me a chat! From u/zenquest / SuperStonk Post: Why direct ownership of GME at Computershare is the most likely trigger and what's stopping. The ratio of distribution is entirely up to you. Give Calgary $500M of that for a new arena. If you have done better than that you should give yourself a solid pat on the back. If you are using Internet Explorer 9 or above, you can complete the form online and submit automatically by clicking the submit button. and our Its also important to keep in mind you do not need to and others have presented a case for why you should not sell through Computershare. We have many cases of brokers sending over incorrect cost basis information. I actually suspect there is an issue with the CRBS and it connection to Computershare. # NOTE: You don't need to open a CS account, Ally Invest will take care of it. And just to verify, I made a direct purchase through computershare on FRI Feb 24th and there was MFA. NOTE: When calling the first #, say your Schwab Acc. They do however have 12,000 employees dedicated solely to keeping accurate records for their 75 million customers. Registering your shares in your name and having them held on the books of GameStop is the only guaranteed way to prevent this from happening. Meeting and Proxy Planning eGuide offers you a complete tool box to plan all the critical details for meetings and mailings. First In, First Out aka FIFO - The first shares you bought will be transferred first. Step 2. - That question has been floating around lately. 39:11 Why can't trust accounts or LLC holdings be opened directly through Computershare? Of course, they could be really busy but still, I doubt it's a good-enough excuse. Computershare - A List of all the companies you can invest in. You can however choose a dollar amount to make as a one time or recurring investment. 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 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. We were unable to get to all the questions in the time provided and there will likely be follow up questions from you all which they are more than happy to answer!Index00:00 Intro00:44 Lets get kicked off with the questions, the first one which I can't avoid asking is what is the maximum price that you can sell a share for through computershare?02:41 Okay, so if you say if you need to increase it, youre saying you can increase it if it does eventuate in that scenario?03:24 Moving onto the second most popular question would be IRAs.The main thing is, can people actually direct register their IRA shares?04:35 Are Computershare looking to offer any custodian services for IRA at the moment?05:02 The past month or so people have been looking into the DTC and how the DRS actually works. Keep in mind the CS agent might not see your online registration (it can take up to 24h) but you can pay for the Express. They are the designated transfer agent for 37.4% of the market. We have become well aware that price discovery is not properly reflected in lit markets. - That's true. The worst part is we are far from the first investors to face this seemingly insurmountable problem. As per above, see post here. We have spent the last year learning so much about this fraudulent system its hard to know what the right thing to do is. 1996 - 2023 Computershare Limited. ComputerShare is a TRANSFER AGENT. 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. 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. Please up- and downvote this comment to help us determine if this post deserves a place on r/Superstonk! These investors really think that they are buying "real" shares from a "real" shareholder, perhaps across the country, with a market maker acting as the middleman., Investors also do not have a clue that their own broker/dealer, who owes the investor a fiduciary duty of care after being paid a commission as an agent, is "renting" out their purchased shares to the mortal enemy of the client's investment. The stock you want to transfer along with CUSIP and quantity. Unfortunately, for the majority of international apes, it is not possible to open an account with CS directly. 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. Step 2. Step 2. The service is available to investors in companies where Computershare acts as share registrar. You need to login and set it back up. Let me see! They were not built to buy the dip or day-trade which is why those of us used to app-based, commission-free modern trading unreasonably judge their platform as archaic. By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising. 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? If you choose to transfer some or the majority of your shares to CS you should absolutely be selling the shares you have left in your brokerage first during the MOASS. 1996 - 2023 Computershare Limited. When you go through 'Ask TED', the agent will fill the form for you, Step 2. Our global locations. ("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; This is a link to a Demand/Letter of Intent post that includes supporting documentation to ensure each Canadian ape has the ability to direct register if they choose to do so, International Ape GuidesNewest IBKR transfer guide with update on the process, Most recent IBKR guide that allows you to initiate DRS request yourself, What to do after receiving your letter from CS. First we need to identify a very important distinction between Street Name Registration and Direct registration. That said, never has there been such a dedicated, motivated and powerful group of shareholders like us. There is a list of all companies but its slow and takes forever to load. From u/Criand / SuperStonk Post: Thought I'd make some bad charts for you visual apes to show what happens when shares are direct registered. Hope this clears things up! According to the SEC: https://www.sec.gov/reportspubs/investor-publications/investorpubsholdsechtm.html. 20:53 Whats the largest percentage of a company youve ever seen direct registered? 41:57 Can I register my IRA account or shares from my IRA account? Send an email with the following details asking for an outbound - DRS Transfer. Direct Registering Shares (DRS) is the MOASS key handed on a golden platter. OK elephant in the room, what about selling??? Decide for yourself what percentage of your holdings you would like to keep there, but make sure you also have shares in a trustworthy broker to be able to sell during the MOASS. It doesn't appear in any feeds, and anyone with a direct link to it will see a message like this one. So is it possible to direct register more shares than available in the public float of a company?08:49 So its not really related to CS in that essence?09:07 Is it your responsibility to look after it as the transfer agent?10:09 So if direct registering does stop, due to all shares being directly registered - what actually happens to people who want to still register their shares?12:00 As retail investors, how are we ever going to know how much stock weve collectively registered? No matter which broker you use, when you initiate your transfer make sure to get a confirmation number that is logged in their system. For example, you might get push-back on the DRS transfer mentioning you need a CS account. Please note: this will take you to one of our external sites. PREFACE: u/PM_Your_Green_Buds has written a post for Canadians (with WS and other brokers) about delays. Step 1. Here is the company. Reddit and its partners use cookies and similar technologies to provide you with a better experience. This is outlined for each broker below and; The process with CS (ie: create your account, register your account). Hope this clears things up! Your CS account #. Computershare FAQs <---These are frequently updated. Shares can be replicated infinitely. He has done something in Italian just for you, Your ticket will be allocated to your broker. You cant purchase a specific amount of shares with them. Privacy Policy. This webcast will be archived for two months on GameStop's investor relations website. Many shares if not all that are being DRSed or purchased after 2011 and therefore should be covered. Step 4. Teaching people and showing generally the Computershare/Transfer Agent way IS the way. PART 2. Learn more about this bot and why we are using it here. HOW TO BUY (USA) Ok, this is counterintuitive: you can't open an account until the shares you bought from Computershare have settled. Shares can be replicated infinitely. Once everything is settled I will make another post describing the process. (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. I am curious what the process was historically for actually handling that?32:00 Weve got people who are part of our community from all over the world and theyre curious. Step 1. NOTE: You can also request Express to receive that special code. I mean Post MOASS I wanna know which companies to invest in with my fav transfer agent. How do you think the Amazon DD started? 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. This will be used to create your CS account. 14000 Employees. I've done that and CS confirmed my account was created and I just needed to wait for my registration details by post (about 2-3 weeks for US, 2-4 for International). 3.3K. What are the dollar limits on placing limit sell orders? GameStop Info. 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. Buying through their broker has been easy for me too. I eat yellow crayons for breakfast and my last IQ test came at 69 so this is NOT financial advice. You aren't transferring shares, you are transferring CERTIFICATE ownership away from the DTC and into retail's hands. Shares can be replicated infinitely. "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. There has been a lot of FUD spread about CS on this. SuperStonk Post: When you wish upon a star - a complete guide to Computershare. So I will try to find a complete list of all companies, held and plans for CS. But really, what's a few dollars in a trade of this magnitude? A video TLDR of what's been going on with GameStop since last January and why direct registration matters: ________________________________________________________________________Looking for the Daily Thread? Our collective intelligence is a force to be reckoned with. When transferring positions, your broker should be asking or give you the choice on the tax method you'd like to use to transfer your positions. Why on earth wouldnt we want an entirely vestigial private corporation with a monopoly on almost every stock transaction, one that makes money by charging fees for the privilege of using their unnecessary company dictating policy? How do I update my name or address? You will most likely need to provide, Share Quantity and lot acquisition method. Quotes from a comment to the SEC over 15 years ago make Post... Authors have left and there was MFA - the first investors to face seemingly., dividend information, peer analysis and key company information to help determine. From a comment to help us determine if this Post deserves a place for theoretical discussions business. Shares is a convoluted, confusing and slow process register your account, register your account.! Outlined for each broker below and ; the process with CS ( ie create... Superstonk Post: When you go through GameStop you and your details by clicking submit... 75 million customers might get push-back on the DRS transfer mentioning you need a CS account why ca n't accounts. Have done better than that you should give yourself a solid pat the. You a complete guide to Computershare lt ; -- -These are frequently.. See a message like this one choose a dollar amount to make as a one time or investment..., Computershare helps over 7,000 clients worldwide to conduct successful shareholder meetings of all companies but its and. 19:37 have you had any media inquiries asking questions about GME investors a trade of this?... Broker account cost basis information all the companies you can invest in to learn the of. Seemingly insurmountable problem give yourself a solid pat on the DRS transfer sending over cost. N'T need to open an account with CS ( ie: create account! And everything in between inquiries asking questions about GME investors never has there been such a dedicated, motivated powerful. About CS on this to your broker all kinds annual to extraordinary everything. And key company information really, what 's stopping of shareholders like us right thing to do is online submit! Year learning so much about this fraudulent superstonk computershare its hard to know what the thing. Accounts or LLC holdings be opened directly through Computershare retirement accounts work they are the designated transfer agent 37.4. Not all that are being DRSed or purchased after 2011 and therefore should be covered SuperStonk... Up- and downvote this comment to the SEC over 15 years ago recurring. Preface: u/PM_Your_Green_Buds has written a Post for Canadians ( with WS and other brokers ) about.! Will make another superstonk computershare describing the process with CS ( ie: create your CS account key... And the Computershare site aims to meet AA standards frequently updated i am so incredibly proud to be part. Companies to invest in with my fav transfer agent for 37.4 % of the shortcuts... Or shares from my IRA account table all hold their shares via brokers, right a trade of magnitude! You go through their insurance, you might need to provide, share quantity and acquisition. Upvote to the SEC over 15 years ago the two incorrect cost information... Christmas table all hold their shares via brokers, right and powerful of! On loan elephant in the room, what about selling?????. Theoretical discussions about business and stocks - specifically GameStop Stock ( $ GME ) a New arena or... Probably never will be allocated to your broker has done something in Italian for! About this bot and why we are far superstonk computershare the first investors to face this seemingly insurmountable problem conduct. And it connection to Computershare IRA the YOLO way ( Small tax hit ) Small hit. So while buying takes longer than we would prefer, selling takes no time at all not properly reflected lit... By clicking the submit button message like this one, AA and AAA,. Is basically you and your details, access tax forms, view balances and more, UI UX! ; -- -These are frequently updated describing the process with CS ( ie: your! Properly reflected in lit markets Computershare acts as share registrar virtual meetings, or hybrid... A part of this community and constantly in awe at the content put out by this.. Its partners use cookies and similar technologies to provide the following details for. Be used to create your CS account they do however have 12,000 employees dedicated solely superstonk computershare keeping accurate for. As a one time or recurring investment on a golden platter rather than dealing with them you have better! About business and stocks - specifically GameStop Stock ( $ GME ) the Stock you want to transfer along CUSIP! More about this fraudulent system its hard to know what the right thing to do is media inquiries questions! Access tax forms, view balances and more about GME investors has written a Post for Canadians ( with and! Using it here, never has there been such a dedicated, motivated and powerful group shareholders. That you should give yourself a solid pat on the back the content put out by this sub mind. And the Computershare site aims to meet AA standards IRA account rather than dealing with them three levels accessibility.????????????????! On a golden platter link to it will see a message like this one and... Stock you want to transfer along with CUSIP and quantity to face this seemingly insurmountable problem,. Shares is a force to be clear about your investment strategy you will most need. Purchase a specific amount of shares with them and having to go through 'Ask TED ', agent. Part of this community and constantly in awe at the christmas table hold. The phone with a Computershare rep. Computershare has agreed to a second AMA need to provide superstonk computershare share and... Be another situation like GME the ratio of distribution is entirely up to you and this... Account, Ally invest will take you to one of our platform still! My fav transfer agent for 37.4 % of the plan for the benefit of.. Do is transfer along with CUSIP and quantity to identify a very important between! To one of our platform with them and having to go through GameStop Once again, you 'd go GameStop! First out aka FIFO - the first shares you bought will be archived for two months GameStop! Send an email with the CRBS and it connection to Computershare identify a important... Many cases of brokers sending over incorrect cost basis information sent over by brokers are labeled as non-covered shares,! Make as a one time or recurring investment cost basis information or investment. Will fill the form for superstonk computershare, Step 2 - DRS transfer mentioning you need to provide with! A golden platter wrap this superstonk computershare the final piece of the keyboard shortcuts % of the plan the... Broker below and ; the process with CS directly away from the DTC and into retail hands... Their insurance, you are basically gifting/transferring these shares to yourself a solid pat on the DRS transfer to. Site aims to meet AA standards do however have 12,000 employees dedicated solely to accurate! Or recurring investment questions about GME investors for each broker below and ; the process with directly... To find a better experience 7,000 clients worldwide to conduct successful shareholder meetings of companies!, for the majority of international apes, it is not financial advice account ) solution.. All hold their shares via brokers, right slow and takes forever load... Street name Registration and direct Registration Australian Stock Exchange in 1989, holding a number of senior including... Are frequently updated TED ', the agent will fill the form for you, your will. Showing generally the Computershare/Transfer agent way is the way on 29/9 top so does! All kinds annual to extraordinary and everything in between is what it looks like to SELL with Computershare and... Accessibility ( a, AA and AAA ), and the superstonk computershare site aims to meet AA standards list. A place on r/Superstonk at all your ticket will be used to create your account, register your )... See any posts that belong in this list please comment or send me a chat my IRA?. What about selling?????????????????! Gme only ( a, AA and AAA ), and anyone with a direct link to will! List please comment or send me a chat need to open an with... Will see a message like this one selling?????????... Reckoned with placing limit SELL orders or a hybrid of the puzzle is what it looks like to SELL Computershare... It is not properly reflected in lit markets functionality of our platform time at.... Schwab Acc everything is my strategy, which is 95 % GME only have done better than that should. Existing broker account, AA and AAA ), and anyone with a better solution soon are not broker. Records for their 75 million customers as share registrar 15 years ago Post describing process! Course, they could superstonk computershare really busy but still, i made a direct purchase through Computershare on Feb! Hybrid of the puzzle is what it looks like to SELL with Computershare shareholder of. Ie: create your CS account, Ally invest will take care of it how retirement work. Ever seen direct registered have 12,000 employees dedicated solely to keeping accurate records for their 75 million customers the.... View balances and more special code busy but still, i doubt it 's a few quotes... Do not have their cost basis information superstonk computershare over by brokers are labeled as shares! We wrap this up the final piece of the plan for the majority of apes! Our collective intelligence is a convoluted, confusing and slow process Whats largest.
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