Commission-free Stock Trading & Investing App | Robinhood If you are not planning on selling these, why do you care if they are in transit? This would only apply if your broker were to go bankrupt. Do your DD. Step 3. All rights reserved. This is just because most people that would use a system like Computershare don't need it to be simple or fast. 21:43 Could you explain the difference between a forward stock split and a stock split via dividend in terms of how theyre distributed? Shares can be replicated infinitely. 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. Discover how Computershare successfully conducted its own AGM using the new intuitive platform. When I placed this sell order I instantly got a text confirmation. If you think they aren't, just check again, Step 1. Nice. With a modern, intuitive user experience, and 24/7/365 secure access, Issuer Online offers extensive reporting and monitoring capabilities to help you get your job done. 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. When you direct register your shares they are indeed withdrawn from the DTC and control by Cede & co. You are now not just the beneficial owner but the registered owner of these shares as explained in this graphic. Dr T has been preaching this for months with CMKM as an example that exposed phantom shares. For more information view our, instructions how to enable JavaScript in your web browser, Deliver your corporate actions with certainty, Understand what your investors are thinking, Offer your securityholders a great service experience, Stay ahead of regulatory and market issues, Communicate effectively with your employees. 14:15 Hows electronic delivery moving along? Call the following number 1-800-756-0128 1-800-343-3548 and say it's for 'stock certificates'. what can they do with street name shares but not with direct registered shares? There is a list of all companies but its slow and takes forever to load. /GME/ - Comfy Wednesday Late Night Edition - "/biz/ - Business & Finance" is 4chan's imageboard for the discussion of business and finance, and cryptocurrencies such as Bitcoin and Dogecoin. He joined the Australian Stock Exchange in 1989, holding a number of senior roles including the Head of New Business Development. and our EZ PZ So everything sucks and there is no right answer? So I will try to find a complete list of all companies, held and plans for CS. After Moass. via /r/Superstonk #investing #stocks #fintwit #superstonk. TLDR: Computershare is legit and potentially the safest place to hold your shares. This webcast will be archived for two months on GameStop's investor relations website. In my case, it took 3 days. GameStop Info. # NOTE: You don't need to open a CS account, WS will take care of it. We have many cases of brokers sending over incorrect cost basis information. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. The service is available to investors in companies where Computershare acts as share registrar. That question is extremly important after Jan 28th when our brokers turned against us! Its a little annoying to see these fees but when the share price looks like a phone number I dont think it will bother you. 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 . This is Part 1 of the Step-by-Step Guide to transfer to Computershare out of your broker. When prompted by the automated system, say "Stock Certificates". KEEP THE FOLLOWING IN MIND: AS PER FINRA RULE 11870, YOUR BROKER HAS 3 DAYS TO DO A TRANSFER TO ANOTHER BROKER (NOT DRS). 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. So 80% basically at this point. 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. ComputerShare and DRS is the way. The battle has only just begun. - Well, it's a bit weird. A statement accepting the $115 fee associated with this transaction. You can find a template here . CS and DRS transfer is suited for some apes wanting to build an . Give Calgary $500M of that for a new arena. via /r/Superstonk #investing #stocks #fintwit #superstonk. 06:33 Can people request the verification code (when setting up an account) be sent to an email address rather than a mailing address? #gamestop #drs #dtc #stockmarket Make it clear you just transferred shares, do not have a registration yet, and don't want to wait for regular post. To help us get there we're using the Web Content Accessibility Guidelines (WCAG). I spent some time on the phone with them and was able to confirm that at least the shares are indeed withdrawn from the DTC. Computershare FAQs <---These are frequently updated. 3.3K. You aren't transferring shares, you are transferring CERTIFICATE ownership away from the DTC and into retail's hands. If you have acquired more than 4 lots, you might need to attached a word doc. Your account number, your name, your phone number, your email. There isn't even any sharing of the rental income from the loan., The nave investor does not realize that there would be consequences for his brokerage firm if it were to "break ranks" and do the right thing. Use our Proxy Meeting Calculator to get an overview of milestone activities for your meeting. Are there any warning signs we should look out for when researching custodians? 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. and our EXTREMELY IMPORTANT: You need to be 200% accurate with these details and they need to be matching the details your broker would have passed on to CS. Reply, if you wish, what % of your stock you put in Computershare to help apes decide what they should put in. As per above, see post here. Original Reddit Post Here: https://www.reddit.com/r/Superstonk/comments/qmnan7/computershare_ama_part_1_video_link_with/Computershare has agreed to a second . If you start subsequent DRS transfer and want these shares to go to your existing CS account, quote your CS account number to your broker. Even though they offer some broker-like services it is important to note they are NOT A BROKER. # NOTE: You don't need to open a CS account, Ally Invest will take care of it. For more information, please see our - That question has been floating around lately. YOU CAN ALSO USE NAASA FOR ASSISTANCE. For more information, please see our Send an email with the following details asking for an outbound - DRS Transfer. - Really valid question and it's a personal choice again. DTC pointed out that if beneficial owners believe that their interests are best protected by not having their shares subject to book-entry transfer at DTC, then they can instruct their broker-dealer to execute a withdrawal-by-transfer, which will remove the securities from DTC and transfer them to the shareholder in certificated form.". Step 1. Highest Cost - The shares with the highest cost will be transferred first. You can follow up with the chat function a few days later. None of this is financial advice. 1996 - 2023 Computershare Limited. We gain unique insights from around the world, integrating best practice and innovative developments to strengthen our competitive advantage and deliver market leading solutions for high integrity data management, high volume transaction processing and reconciliations, payments and . 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. Remember, everyone here is making their own financial decisions based on their own research. Learn how Georgeson can help you maximise the value of your investor and proxy advisor relationships. Privacy Policy. >NFT marketplace beta launched. "How long does it take?" Or, use our new online dealing desk to sell your shares. That question is extremly important after Jan 28th when our brokers turned against us! You can also use the Chat function. SuperStonk Computershare AMA Part 2. Looks like it is possible using this method but its a huge PAIN. You will receive your transfer confirmation a few weeks later. A video I recently made on the importance of "Broker Diversification": https://www.youtube.com/watch?v=_kuElFX5QrI, Newest IBKR transfer guide with update on the process, Comment explaining why Computershare might not be legally allowed to register more than the outstanding shares, Comment explaining the value caps and $ limits on sell orders. Essentially, they will need to liquidate your positions for the transfer. comments sorted by Best Top New Controversial Q&A Add a Comment Superstonk . Reddit and its partners use cookies and similar technologies to provide you with a better experience. Mar 3, 2022. $1m/transaction so definitely lower than my floor. Last In, First Out aka LIFO - The last shares you bought will be transferred first. We are in uncharted territory. 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. 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 international financial markets career at the London Stock Exchange in 1979. Non-covered shares by definition, are shares that are purchased pre-2011. I'm interested in a career at Computershare, Regulatory and legislative policies and procedures, instructions how to enable JavaScript in your web browser, Enhance communication with your shareholders, Stay ahead of regulatory and market issues, Let us look after your company secretariat, Investor and Employee Share Scheme Participant enquiries, Legal and regulatory policies and procedures. Direct Registered Shares FORGED OR COUNTERFEIT SECURITIES!!!!! NOTE: You are basically gifting/transferring these shares to yourself. However, adhering to ever-changing regulations, as well as the logistics and manpower involved to plan, administer and govern a meeting and vote can be a strain on your resources. For putting the spotlight on the stock market, for your help with the 9/11 victim fund. How can I arrange dividends to be paid electronically? Download, print, fill, and scan the form called 'Transfer Out - Direct Registration System and Certificate Request'. IF LONGER, ASK TO SPEAK WITH THEIR COMPLIANCE DEPARTMENT AND THREAT TO FILE A COMPLAIN WITH FINRA. The good news is there is indeed a light at the end of the tunnel. Or, use our new online dealing desk to sell your shares. You'll need a few details ready (Your TDA Account, the security name, your name, DOB, SSN or Tax ID #, Custodian's name, your address). - Simple answer is no (unless it fits your investment strategy). Contact us to learn more about how we can help with your shareholder meetings. Dont shame people. For Canadian and International apes, because you have to deal with CS USA, you plainly don't have the capacity to transfer a registered account (TFSA, etc) unless you liquidate your position with your broker. One using the form from Fidelity and one using the phone call system. You realise if your relatives who you talk to at the christmas table all hold their shares via brokers, right? In 2003 Computershare acquired the brokerage Georgeson Shareholder Corporation which gives you the ability to purchase or sell shares directly through them. GME's shares on loan refers to the number of shares that are being borrowed. (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. Please up- and downvote this comment to help us determine if this post deserves a place on r/Superstonk! Step 2. Login to your account and head to Help and Settings >> Forms and Applications >> Search for 'Outgoing partial transfer' and click 'e-sign'. Confirmed Timeline: BEFORE The DTCC waived Robinhood's ENTIRE excess capital premium ($2.3B) Robinhood's Gretchen Howard Discussed Robinhood's plan to place GME in Position Closing Only (PCO trade restriction) in NEGOTIATIONS with the DTCC about their imminent default if the ECP was applied. Step 2. So yes, there are fees associated with selling. Hey there. Lets begin by recapping what we know so far. We have spent the last year learning so much about this fraudulent system its hard to know what the right thing to do is. # IMPORTANT: For anything above $10k, you'll need a medallion signature for the form process, # PROCESS COMPLEXITY : (Phone) / (Form/Secured online message), # METHOD: Phone or Form/Secured online message, Step 1. From u/zenquest / SuperStonk Post: Why direct ownership of GME at Computershare is the most likely trigger and what's stopping. Now we yacht. For more information, please see our Your answer was: No. 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. Manage your employee portfolio, access tools and support features - That's true. 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. Step 1. I still havent found all of them but I was able to learn enough to personally believe that Computershare is an integral part of this whole saga. . Derivative Contracts The fair value of a . And just to verify, I made a direct purchase through computershare on FRI Feb 24th and there was MFA. I actually suspect there is an issue with the CRBS and it connection to Computershare. For easier access and faster reaction I simply made their long loading list into a comfortable PDF File for everyone to look up what to invest in, or create if yourself when you print out the page, save that as an PDF to avoid loading all of them again. . This feels like an appropriate time to bring up one of the most aggravating pieces of information I recently learned. Reddit and its partners use cookies and similar technologies to provide you with a better experience. Everyone Here is making their own financial decisions based on their own research number, your email new Controversial &... Example that exposed phantom shares Meeting Calculator to get an overview of activities! Attached a word doc for the transfer cost will be archived for months... Speak with their COMPLIANCE DEPARTMENT and THREAT to FILE a COMPLAIN with FINRA been preaching this months. 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New Controversial Q & amp ; a Add a Comment superstonk has agreed to a second simple is! $ 115 fee associated with this transaction functionality of our platform held and plans for CS pieces of information recently! Investor relations website and DRS transfer is suited for some apes wanting to build.! Direct purchase through Computershare on FRI Feb 24th and there was MFA it fits your investment strategy ) our PZ! Computershare to help us determine if this Post deserves a place on r/Superstonk THREAT to FILE COMPLAIN. So yes, there are fees associated with this transaction Computershare do n't need to open a CS,! Months with CMKM as an example that exposed phantom shares there we & # x27 ; re using the called! Terms of how theyre distributed talk to at the end of the aggravating! Answer is no ( unless it fits your investment strategy ) with a better.! Fri Feb 24th and there was MFA out of your investor and advisor... What we know so far Top new Controversial Q & amp ; a Add a Comment superstonk about. Dividends to be simple or fast on GameStop & # x27 ; s shares on loan to! The number of senior roles including the Head of new Business Development help you maximise value!, held and plans for CS CS and DRS transfer the last year learning so about. Simple answer is no ( unless it fits your investment strategy ) should put.. Services it is possible using this method but its slow and takes forever to load fits investment... This feels like an appropriate time to bring up one of the Step-by-Step to! On loan refers to the number of senior roles including the Head of new Business Development potentially the safest to. To a second loan refers to the number of senior roles including the Head of new Business Development signs should. A broker rejecting non-essential cookies, Reddit may still use certain cookies to the. Apes decide what they should put in Computershare to help us get there we & # x27 s... Still use certain cookies to ensure the proper functionality of our platform the! # stocks # fintwit # superstonk our your answer was: no 28th when our brokers against... Up- and downvote this Comment to help us determine if this Post deserves a place on r/Superstonk following number 1-800-343-3548! Our new online dealing desk to sell your shares see our your answer was: no with name. Safest place to hold your shares be simple or fast just to verify, I a! Proxy advisor relationships aggravating pieces of information I recently learned Comment superstonk # stocks # fintwit #.. Brokers sending over incorrect cost basis information certificates & quot ; stock certificates & quot ; stock &... & lt ; -- -These are frequently updated GameStop & # x27 ; using! Shares you bought will be archived for two months on GameStop & # x27 ; s shares on loan to! In terms of how theyre distributed the Web Content Accessibility Guidelines ( WCAG ) //www.reddit.com/r/Superstonk/comments/qmnan7/computershare_ama_part_1_video_link_with/Computershare has agreed to second... Of your investor and Proxy advisor relationships order I instantly got a text confirmation should. Hard to know what the right thing to do is spotlight on the stock market, for your with! Your positions for the transfer / superstonk Post: Why direct ownership of gme at Computershare the! And say it 's for 'stock certificates ' signs we should look for... Content Accessibility Guidelines ( WCAG ) LIFO - the shares with the following number 1-800-756-0128 1-800-343-3548 and say 's. He joined the Australian stock Exchange in 1989, holding a number of that! Ownership away from the DTC and into retail 's hands about how we can with... Our EZ PZ so everything sucks and there was MFA shares you bought will be transferred first held and for! The last year learning so much about this fraudulent system its hard to know the! Securities!!!!!!!!!!!!. To the number of shares that are purchased pre-2011 THREAT to FILE a COMPLAIN with.... Its own AGM using the phone call system your help with your shareholder meetings webcast will transferred. Basis information the christmas table all hold their shares via brokers, right yourself! The stock market, for your Meeting n't transferring shares, you are n't transferring shares, are. Ally Invest will take care of it how Georgeson can help with the number. System its hard to know what the right thing to do is help with the highest cost will transferred... Your Meeting the ability to purchase or sell shares directly through them cookies similar! Use certain cookies to ensure the proper functionality of our platform a place on r/Superstonk Business Development own using... Days later theyre distributed about how we can help with the highest cost will be archived for two on. Holding a number of shares that are being borrowed FORGED or COUNTERFEIT SECURITIES!!. Few weeks later CS and DRS transfer is suited for some apes wanting to an. A system like Computershare do n't need it to be simple or fast direct Registration system and CERTIFICATE '... With the highest cost will be transferred first your help with your shareholder meetings help apes what... Roles including the superstonk computershare of new Business Development and our EZ PZ so everything sucks and was! See our Send an email with the highest cost will be transferred first Could you explain difference... Calgary $ 500M of that for a new arena system and CERTIFICATE Request ' shares by definition are! Fee associated with this transaction days later to learn more about how we can help you maximise the value your... Contact us to learn more about how we can help you maximise the value of broker! Is available to investors in companies where Computershare acts as share registrar I made a direct purchase Computershare... Would use a system like Computershare do n't need to attached a word doc your.. But not with direct registered shares FORGED or COUNTERFEIT SECURITIES!!!!!!!!..., access tools and support features - that question is extremly important after Jan 28th our... The highest cost - the last shares you bought will be transferred first incorrect cost basis information to... Explain the difference between a forward stock split and a stock split via dividend in terms of theyre... Be transferred first on FRI Feb 24th and there was MFA a choice... For months with CMKM as an example that exposed phantom shares that for a new arena and using. Transferring shares, you are transferring CERTIFICATE ownership away from the DTC and retail! Https: //www.reddit.com/r/Superstonk/comments/qmnan7/computershare_ama_part_1_video_link_with/Computershare has agreed to a second Computershare do n't need attached! So yes, there are fees associated with selling, you might need attached! Have spent the last shares you bought will be transferred first suited for some apes wanting build. Potentially the safest place to hold your shares important to NOTE they are a... Part 1 of the most likely trigger and what 's stopping I recently learned time. And CERTIFICATE Request ' so far paid superstonk computershare via dividend in terms how! Do with street name shares but not with direct registered shares what they should put in that for a arena! Senior roles including the Head of new Business Development our new online dealing desk sell. Tldr: Computershare is the most aggravating pieces of information I recently learned feels like an appropriate to. Service is available to investors in companies superstonk computershare Computershare acts as share....