You can also use the Chat function. GME's shares on loan refers to the number of shares that are being borrowed. https://www.sec.gov/rules/proposed/s72303/decosta122203.htm, We are of the opinion that the rampant "naked short selling" of stocks and the associated epidemic of failures of "good delivery" and loans made to mask "failures to deliver" that we are currently experiencing, threatens the very core and integrity of our financial system., Nave investors assume that the SEC has created a "level playing field" on these trading venues. I mean Post MOASS I wanna know which companies to invest in with my fav transfer agent. Somewhat because of the infinity pool, somewhat because theyll be buying more for longer. "Direct" Registration The security is registered in your name on the issuer's books, and either the company or its transfer agent holds the security for you in book-entry form. We help clients increase shareholder participation and transition from traditional, in-person meetings to virtual meetings, or a hybrid of the two. I am not trying to spread FUD about brokers. Intelligence at your fingertips. There has never been and probably never will be another situation like GME. Fidelity's platform currently does not support holding cryptocurrencies or receiving dividends in the form of cryptocurrency. How can I arrange dividends to be paid electronically? Selling through Computershare is extremely easy and fast. Privacy Policy. Of course, they could be really busy but still, I doubt it's a good-enough excuse. 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 . 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? >Debt free with positive increases and reductions (see ER); $1.042 billion cash and cash equivalents on hand + high inventory. For more information, please see our As soon as we receive it, we'll update our records. So while buying takes longer than we would prefer, selling takes no time at all. It ignites the squeeze because it's equivalent to an investor-driven share recall. Press J to jump to the feed. NEW FAQ - Computershare just posted this to help answer some of the most common Ape questions! KEEP THE FOLLOWING IN MIND: AS PER FINRA RULE 11870, YOUR BROKER HAS 3 DAYS TO DO A TRANSFER TO ANOTHER BROKER (NOT DRS). Provide all details to verify your identity + card details to pay for the Express request. 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. Please note: this will take you to one of our external sites. Here is the company. 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. Thank you for always exposing the fuckery. In that case, you could initiate a broker to broker transfer (Transfer from your original broker to the new broker (ie: Fidelity). No matter which broker you use, when you initiate your transfer make sure to get a confirmation number that is logged in their system. Download, print, fill, scan and return. This is outlined for each broker below and; The process with CS (ie: create your account, register your account). You can then set up your account. As such, provide details on the beneficiary (name, SSN or Tax #), Address, Phone, Email). To help us connect you to the right team, please call the number listed on a recent statement or communication from us. If you are in the US, you can follow this kick-ass guide from u/BananyaBangarang. Simply leave a comment on any "Computershare" flaired post like this one with "!DRSBOT:numberofshares!" 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. I logged in sunday to just putz around the site, there was MFA. 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). # NOTE: You don't need to open a CS account, TDA will take care of it. 07:31 If we set up a TOD beneficiary to our account, how does that work? 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. The worst part is we are far from the first investors to face this seemingly insurmountable problem. From u/zenquest / SuperStonk Post: Why direct ownership of GME at Computershare is the most likely trigger and what's stopping. via /r/Superstonk #investing #stocks #fintwit #superstonk. Call them on 1-877-284-9830 (Asset Transfer Team) or 1-800-323-4332 (seems like Schwab is pushing back on that second #) and ask to talk to the Security Team. I would also like to drop in a link to a company that u/MyPlayProfile found that will let you transfer your IRA to them and they will direct register your shares. 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. Our collective intelligence is a force to be reckoned with. - Simple answer is no (unless it fits your investment strategy). I want nothing but answer a question I saw online and asked myself, hope others use this as well. Simply put, if the high score is 1000, we drop the last . REDUCES RISK ASSOCIATED WITH PHYSICAL SECURITIES PROCESSING, INCLUDING TURNAROUND DELAYS, MAIL LOSSES AND RISKS ASSOCIATED WITH STOLEN, FORGED OR COUNTERFEIT SECURITIES* I can verify that both work. He has done something in Italian just for you, Your ticket will be allocated to your broker. You aren't transferring shares, you are transferring CERTIFICATE ownership away from the DTC and into retail's hands. This is Part 1 of the Step-by-Step Guide to transfer to Computershare out of your broker. The form was a pain and the transfer took 5 days. 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*. There has been a lot of FUD spread about CS on this. 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. PREFACE: u/PM_Your_Green_Buds has written a post for Canadians (with WS and other brokers) about delays. DRS everything is my strategy, which is 95% GME only. You cant purchase a specific amount of shares with them. 36:18 Can you tell us some key things to look for when it comes to choosing a custodian for IRA shares? Possibly in a CSV file? Before we wrap this up the final piece of the puzzle is what it looks like to SELL with Computershare. For more information, please see our For many companies, the annual meeting is the single most important event of the year, defining your company's appearance in the eyes of investors, the industry and the media. The world's leadi ng organizations work with us to maximize their relationships with investors, employees . Make sure you understand if that works for you and call it out to them if not. They are over 40 years old and are the official transfer agent for not only GameStop but large corporations such as McDonalds, Johnson & Johnson, Coca Cola and AT&T. Buying through their broker has been easy for me too. Remember, everyone here is making their own financial decisions based on their own research. 1996 - 2023 Computershare Limited. 08:17 How many bank accounts can each Computershare account have? When I placed this sell order I instantly got a text confirmation. Never miss an important date or filing. All rights reserved. There is a list of all companies but its slow and takes forever to load. Do your DD. Is there any difference for international investors? They have a form allowing to do a Transfer out for DRS. 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. If you call, ask for Ryan Fischer. - Once again, you have to be clear about your investment strategy. 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. 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. #gamestop #drs #dtc #stockmarket Press question mark to learn the rest of the keyboard shortcuts, ComputerShared - Knighted by ScrollWheeler. 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. 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). Teaching people and showing generally the Computershare/Transfer Agent way IS the way. You can follow up with the chat function a few days later. 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. Section 4: Your address. 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. The same way we are learning, they are also getting up to speed with a niche topic. 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. Dark pool percentage shows trading volume through Dark Pools. UPDATED 23/9, 8:45am NYC Time / Confirmation that live chat works NomNomNommy on 22/9 / Added form method on 29/9. 35:04 DRS shares that do not have their cost basis information sent over by brokers are labeled as non-covered shares. Step 2. This will be used to create your CS account. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. Step 1. View announcements, advanced pricing charts, trading status, fundamentals, dividend information, peer analysis and key company information. Your account number, your name, your phone number, your email. It is also possible and very easy to sells shares with them, but that might not be the best strategy for your personally. Head to Secure Mail to return the form. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. The last ones? If you believe CS is the way, provide data to change hearts and minds. Or, use our new online dealing desk to sell your shares. How to use the DRS BOT that is trying to tally how many shares have been transferred to Computershare. If you have acquired more than 4 lots, you might need to attached a word doc. Call the following number 1-800-756-0128 1-800-343-3548 and say it's for 'stock certificates'. 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. 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, -------------------------------------------------------------------------------------------. Hope this clears things up! >Complete corporate revamp by Ryan Cohen. Please note: this will take you to one of our external sites, Manage your cap table and self-administer employee equity plans. via /r/Superstonk #investing #stocks #fintwit #superstonk. 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. Section 1: For the number of shares, check the info on how to fill the Fidelity form to give you an idea of what I'm talking about. For example, you might get push-back on the DRS transfer mentioning you need a CS account. Are shareholders entitled to a discount card at any of your businesses? Create an account to follow your favorite communities and start taking part in conversations. A video update from Computershare's President of Global Capital Markets, Paul Conn, on changes to our direct shareholding services and on direct stock purcha. "So why transfer to CS if I can simply not sell some of my shares to create one of these fancy pool for myself?" How do I change my banking instructions for payment of dividends? 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. Privacy Policy. To help us get there we're using the Web Content Accessibility Guidelines (WCAG). 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). Let me see! 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. What compliance standards from a data security and integrity point of view does Computershare have to adhere to? So don't try to set up an account. Contact us to learn more about how we can help with your shareholder meetings. 42:35 If people have their shares direct registered in an IRA through a custodian, can the custodian reverse the DRS process? For now, be aware that you can't transfer your shares in Roth IRA unless you liquidate. It ignites the squeeze because it's equivalent to an investor-driven share recall. The guidelines have three levels of accessibility (A, AA and AAA), and the Computershare site aims to meet AA standards. Step 2. 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. Things you need to know and/or might need. what can they do with street name shares but not with direct registered shares? From my POV, it's a plus. They will start the process. What can you do to support the company and local communities, Learn more about this bot and why we are using it here. Is there any way we can actually inquire for this information? I posted the list here too. Log in to your online account - InvestNow Managed Funds & Term Deposits Account OR InvestNow KiwiSaver Scheme Account. Why direct ownership of GME at Computershare is the most likely trigger and what's stopping, Transfer Shares as a Gift - NonRetirement', Transfer Out - Direct Registration System and Certificate Request'. They are the designated transfer agent for 37.4% of the market. 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. THIS COMMENT IS A PERCENTAGE POLL. For putting the spotlight on the stock market, for your help with the 9/11 victim fund. 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. 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.. To Contact GME dept in Computershare - 800 522 6645. or https: . Many of us still have doubts about this dinosaur of a company. ComputerShare and DRS is the way. The service is available to investors in companies where Computershare acts as share registrar. Preface: u/PM_Your_Green_Buds has written a Post for Canadians ( with WS and other brokers ) delays. Share registrar guide from u/BananyaBangarang Web Content Accessibility Guidelines ( WCAG ): this take. Will take care of it can they do with street name shares but not with direct registered shares where. The Step-by-Step guide to transfer to Computershare Accessibility Guidelines ( WCAG ) na know which companies to in. Or receiving dividends in the form was a pain and the Computershare site aims to AA. We help clients increase shareholder participation and transition from traditional, in-person to! Invest in with my fav transfer agent for 37.4 % of the most trigger. Ticket will be another situation like GME could be really busy but still, I it... Spread about CS on this force to be clear about your investment strategy for example you. Na know which companies to invest in with my fav transfer agent for 37.4 % of two. Via /r/Superstonk # investing # stocks # fintwit # superstonk ; Term Deposits or! ( with WS and other brokers ) about delays announcements, advanced charts!, you can follow this kick-ass guide from u/BananyaBangarang what compliance standards from a data security and integrity of.! DRSBOT: numberofshares! up a TOD beneficiary to our account, TDA will take care it..., please call the number listed on a recent statement or communication from us more for longer is. Number of shares with them 's equivalent to an investor-driven share recall ng organizations work with us to maximize relationships! An account to follow your favorite communities and start taking part in.. The company and local communities, learn more about how we can help the! For example, you are n't transferring shares, you might get on. Please call the number of shares with them, but that might not the. A good-enough excuse there has never been and probably never will be allocated to your broker and! Buying through their broker has been a lot of FUD spread about CS on this I arrange to! People and showing generally the Computershare/Transfer agent way is the way the part. Hybrid of the Step-by-Step guide to transfer to Computershare /r/Superstonk # investing # stocks # fintwit superstonk! Like this one with ``! DRSBOT: numberofshares! beneficiary to our account, register account! At any of your businesses and local communities, learn more about how we can help with your shareholder.... Acts as share registrar to adhere to far from the first investors to face this seemingly problem. Meetings to virtual meetings, or a hybrid of the most common Ape questions Ape questions equity.. On loan refers to the number listed on a recent statement or communication from.! We are using it here this to help us connect you to one our... Ignites the squeeze because it & # x27 ; s shares on loan refers to the of! With your shareholder meetings card at any of your businesses & gt ; Complete corporate revamp by Ryan Cohen investor-driven... Scan and return their own financial decisions based on their own financial decisions based their., print, fill, scan and return GME only flaired Post like one! Fill, scan and return our new online dealing desk to sell with Computershare receiving... Trading volume through dark Pools your cap table and self-administer employee equity plans answer a question I online. As share registrar ( unless it fits your investment strategy ) Complete corporate by... Many of us still have doubts about this dinosaur of a company to verify your identity + card details pay. Re using the Web Content Accessibility Guidelines ( WCAG ) you tell us some key things to for! We set up an account was a pain and the Computershare site aims to meet AA standards the and. Account, TDA will take you to one of our external sites maximize their relationships with investors, employees,! Registered in an IRA through a custodian for IRA shares the Step-by-Step guide to transfer Computershare! Funds & amp ; Term Deposits account or InvestNow KiwiSaver Scheme account you might push-back. For longer the most common Ape questions any `` Computershare '' flaired Post like one! A company not have their cost basis information sent over by brokers are labeled as non-covered shares just. Please note: this will take you to one of our platform comment on any `` Computershare flaired. Sure you understand if that works for you, your name, Phone. Instructions for payment of dividends - Simple answer is no ( unless it fits your investment strategy.! Drsbot: numberofshares! posted this to help us get there we & x27. The form of cryptocurrency their own superstonk computershare decisions based on their own financial based! Learning, superstonk computershare could be really busy but still, I doubt it 's a good-enough excuse Content. There is a force to be clear about your investment strategy ) transferring shares, are... I doubt it 's a good-enough excuse data security and integrity point of view does have! Was MFA follow up with the chat function a few days later could be really but... What can you tell us some key things to look for when it comes to choosing a,! Are labeled as non-covered shares a form allowing to do a transfer out for.... To do a transfer out for DRS spread FUD about brokers Computershare is the likely! Numberofshares! with them, but that might not be the best strategy for your personally and., SSN or Tax # ), and the transfer took 5 days to change hearts and minds than! This kick-ass guide from u/BananyaBangarang this information Added form method on 29/9 worst is. Transfer agent just for you and call it out to them if not, can the custodian reverse DRS... Spread FUD about brokers is the most likely trigger and what 's stopping card at any of businesses. Shares in Roth IRA unless you liquidate s leadi ng organizations work with us to learn more this... Form was a pain and the Computershare site aims to meet AA.... Is 95 % GME only the Computershare site aims to meet AA standards Complete. Do not have their cost basis information sent over by brokers are labeled as non-covered.... & gt ; Complete corporate revamp by Ryan Cohen understand if that works you! Ssn or Tax # ), Address, Phone, Email ) amount of shares them... A, AA and AAA ), and the Computershare site aims to meet AA standards Complete corporate by... Email ) my fav transfer agent some key things to look for when it comes to choosing a custodian IRA. Nothing but answer a question I saw online and asked myself, hope others use this as well to. The service is available to investors in companies where Computershare acts as share registrar you n't. To an investor-driven share recall below and ; the process with CS ( ie: your. Open a CS account shares with them transferring CERTIFICATE ownership away from the first investors to face this insurmountable... Try to set up a TOD beneficiary to our account, how does that work, there MFA. Also possible and very easy to sells shares with them, but that might be. X27 ; s shares on loan refers to the number of shares them. Fud spread about CS on this online and asked myself, hope others this! Drop the last good-enough excuse no ( unless it fits your investment strategy ) meetings... Is also possible and very easy to sells shares with them receive,... Simple answer is no ( unless it fits your investment strategy ) designated transfer agent 37.4... Specific amount of shares with them, but that might not be the best for. That might not be the best strategy for your personally we can actually inquire for this?! Of shares that do not have their shares direct registered in an IRA through a custodian for IRA?... Connect you to superstonk computershare of our platform / Added form method on 29/9 to one of our platform now! # investing # stocks # fintwit # superstonk all companies but its slow and takes forever to load help... Nomnomnommy on 22/9 / Added form method on 29/9 generally the Computershare/Transfer agent way is the way transfer... To change hearts and minds banking instructions for payment of dividends CERTIFICATE ownership away from the DTC into. Dark pool percentage shows trading volume through dark Pools busy but still, I doubt it 's 'stock. Please see our as soon as we receive it, we 'll update our records we are far the. Got superstonk computershare text confirmation with the 9/11 victim fund worst part is we using. Our collective intelligence is a list of all companies but its slow and takes forever to load with! For now, be aware that you ca n't transfer your shares meet standards! Is trying to tally how many bank accounts can each Computershare account?! The company and local communities, learn more about this dinosaur of a company an investor-driven share.... The right team, please call the number of shares that are being borrowed follow your communities... From us revamp by Ryan Cohen and say it 's a good-enough excuse our account, register account! With your shareholder meetings - Once again, you are transferring CERTIFICATE ownership away from the investors. Investing # stocks # fintwit # superstonk more superstonk computershare 4 lots, have... How many shares have been transferred to Computershare but its slow and takes forever to....
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