A video TLDR of what's been going on with GameStop since last January and why direct registration matters: ________________________________________________________________________Looking for the Daily Thread? The battle has only just begun. 3.3K. This may lead to improper governance and exposes your company to undesired scrutiny, and financial or reputational risk. When prompted by the automated system, say "Stock Certificates". Discover how Computershare successfully conducted its own AGM using the new intuitive platform. Hoping to find a better solution soon. A statement accepting the $115 fee associated with this transaction. This is justified of course by the DTCC arguing that if stock issuers were made aware of DRS then they would have no reason to exist. Updated International guide for expedited transfers and potentially even purchasing shares directly! We have many cases of brokers sending over incorrect cost basis information. Short Exempt Volume are the amount of short sales exempted from the uptick rule. Join. - Well, it's a bit weird. Could you also tell us how a transfer agent distributes a forward stock split vs. how a broker would? I just got off the phone with a Computershare rep. You aren't transferring shares, you are transferring CERTIFICATE ownership away from the DTC and into retail's hands. If you bought all your shares all at once, you probably just need to fill one table. What is GME and why should you consider investing? and our Certificates can NOT. 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. Source: GameStop Newsroom , Form 10-Q. A broker should only initiate a transfer of shares where authorized by its client. I noticed it doesn't work if your postcode as letters in it. Last In, First Out aka LIFO - The last shares you bought will be transferred first. You can also find the form online here but you'll then have to download, print, fill, scan and return. Call the CS US number on +1 877-373-6374 and press *99 twice then state it's for Gamestop. >Ongoing hiring of specialists of e-commerce, UI, UX, blockchain and supply chain operations. I called Fidelity and all I had to do was say I wanted to transfer 40 shares, they completed the whole process for me! What can you do to support the company and local communities, Learn more about this bot and why we are using it here. Step 1. 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. Shares can be replicated infinitely. Some apes just trust the age old Buy & HODL and dont want to explore Buy, Register & HODL. A guide to TRANSFER a portion/all of your GME shares to Computershare (referenced as CS in this post). If this post deserves a place on r/Superstonk, UPVOTE this comment!! The good news is there is indeed a light at the end of the tunnel. YOU CAN ALSO USE NAASA FOR ASSISTANCE. Its also important to recognize that if you believe GameStop will be issuing an NFT dividend even trustworthy brokers like Fidelity have stated they can not guarantee delivery. When you really think about it, this awkward process seems to be almost perfectly built for most apes that are just buying more shares every paycheck. 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'. Certificates can NOT. 10:09 Could you talk about which processes online require multi-factor authentication? Some apes cant transfer any shares to CS because of their brokerages insane fees or logistical limitations. You'll need to fill a letter of instruction. 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.". You can call CS right away and request an express package. (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. Make a stock purchase. $1m/transaction so definitely lower than my floor. "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. You might want to follow-up with them a day or so after to make sure it's received and processed. Learn how to use the tools for fucks sake. For more information, please see our Game Stop Shares on loan: Can GME hit $1000. 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. 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. . Are there any warning signs we should look out for when researching custodians? Log in to your Issuer Online account to use the Meeting Management tool, a comprehensive and interactive meeting planner application. It ignites the squeeze because it's equivalent to an investor-driven share recall. How do you think the Amazon DD started? Step 1. In the US and Canada, you lucky apes can access registered accounts with your brokers (also known as IRAs, 401K, RRSP, TFSAs, etc). EDIT 2: IMPORTANT! - That question has been floating around lately. We have become well aware that price discovery is not properly reflected in lit markets. I logged in sunday to just putz around the site, there was MFA. Please note: this will take you to one of our external sites. 67. r/Superstonk. Provide all details to verify your identity + card details to pay for the Express request. ===================================================================. I mean Post MOASS I wanna know which companies to invest in with my fav transfer agent. || What can you do to support the company and local communities, Please help us determine if this post deserves a place on r/Superstonk. 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. Or, use our new online dealing desk to sell your shares. The guidelines have three levels of accessibility (A, AA and AAA), and the Computershare site aims to meet AA standards. Possibly in a CSV file? NOTE: For transparency, it didn't work for me since my postcode (ZIP) is 4 digits. HOW TO BUY (USA) Ok, this is counterintuitive: you can't open an account until the shares you bought from Computershare have settled. The phone number for the call is 877-451-6152 and the confirmation code is 13732487. NOTE: You are basically gifting/transferring these shares to yourself. 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. Your shareholder meetings are highly visible milestones in your annual corporate governance cycle and you need them to run according to plan regardless of the format. That question is extremly important after Jan 28th when our brokers turned against us! 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. Scan this QR code to download the app now. 1996 - 2023 Computershare Limited. I wrote this post because I had questions and I wanted answers. If not, there should be an option in the account management or you could check your statements and list to your brokers the shares you want to transfer. DRS your IRA the YOLO way (Small tax hit). How to transfer to CS for European Apes using IBKR as a proxy, How to purchase shares through Computershare for International Apes, Transferring out of Revolut to IBKR (then eventually to DRS), How to purchase shares directly through CS for UK Apes, UK Apes guide to transfer from Hargreaves Lansdown to IBKR to ComputerShare, General guide on transferring for International Apes, Visual guide on transferring for International Apes. Step 2. Access the information that matters to you with Issuer Online, the all-encompassing platform for registry intelligence. 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. Create an account to follow your favorite communities and start taking part in conversations. If you are using Internet Explorer 9 or above, you can complete the form online and submit automatically by clicking the submit button. Explore "Fud" posts on Pholder | See more posts about Superstonk, Amcstock and Safe Moon 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. 1996 - 2023 Computershare Limited. Havent been here in a loooooong time. FYI, you'll need to provide: The lot you want to transfer along with the ticker GME and the CUSIP 36467W109, Computershare's details (DTC # and Address as per above), If you don't have a CS account, just write "To be created by Computershare" or "N/A", UPDATED 14/10 2:00am NYC Time / Credit to st2008hh and Bibic-Jr, # NOTE: You don't need to open a CS account, Schwab will take care of it. Many thanks to the originator of the series, DerGurkenraspler, who we . https://www.dtcc.com/settlement-and-asset-services/securities-processing/direct-registration-system. I did 20% so far but I definitely feel like a bit of a pussy ass bitch for not doing more. This information doesn't really have any use for me, but maybe someone might find it useful. Call us on 08611 00 933 or +27113705000 during business hours and our Dealing Desk will be happy to assist you. Cookie Notice By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. Please up- and downvote this comment to help us determine if this post deserves a place on r/Superstonk! CS and DRS transfer is suited for some apes wanting to build an . Step 2. There is a list of all companies but its slow and takes forever to load. We haven't verified this yet but its certainly worth considering. Are there regulations in place to make brokers send over the correct cost basis information? 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? Manage your employee portfolio, access tools and support features Securityholdings are eligible to be sold through Investor Trade as long as the following criteria are met: Holder is Issuer Sponsored (shares managed using a third party broker or online trading platform are not eligible) NOTE: You'll see a note on top of the form for a $500 fee. 08:17 How many bank accounts can each Computershare account have? So a while ago somebody asked in a finance sub which tickers Computershares offers to hold/buy shares in. If you call, ask for Ryan Fischer. Reddit and its partners use cookies and similar technologies to provide you with a better experience. You cant purchase a specific amount of shares with them. Before we wrap this up the final piece of the puzzle is what it looks like to SELL with Computershare. Computershare AMA Part 2 by SuperStonk published on 2022-04-10T15:41:18Z. What happens if/when Computershare registers the freely traded float or even the total outstanding shares? Send an email with the following details asking for an outbound - DRS Transfer. 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. Step 2. 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. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. ===================================================================IRA Transfers - Adding more soon! Direct Registered Shares FORGED OR COUNTERFEIT SECURITIES!!!!! View announcements, advanced pricing charts, trading status, fundamentals, dividend information, peer analysis and key company information. and our In my dream last night it was ladderup, lol. 16:09 What security measures are in place to detect and deflect DDOS attacks that might occur on the website? 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. 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 $191.10. A place for theoretical discussions about business and stocks - specifically GameStop Stock ($GME). Computershare is an Australian based transfer company with offices in 20 countries. Commission-free Stock Trading & Investing App | Robinhood Essentially, they will need to liquidate your positions for the transfer. You offer certain services, based in the US, but are you also planning to offer them internationally as well, such as the purchasing of stocks directly?33:55 Touching on the account creation process, are you looking to make that process faster using email instead?35:38 Do companies opt-in for the feature you provide that allows for the live counts of registered shares?#gamestop #gme #directregister #DRS We are so used to commission free trading we have forgotten that if the service is free, you are the product. 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. Remember, everyone here is making their own financial decisions based on their own research. When your broker has confirmed it's done, you will not hear from CS to confirm it's completed. "What happens once the transfer has gone through with my broker?" Opinions and memes welcome. While you will not receive a certificate, you will receive a statement of ownership and periodic account statements, dividends*, annual reports, proxies, and other mailings directly from the issuer.*. Unfortunately, for the majority of international apes, it is not possible to open an account with CS directly. 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). For putting the spotlight on the stock market, for your help with the 9/11 victim fund. https://online.flippingbook.com/view/63488848/. To help us get there we're using the Web Content Accessibility Guidelines (WCAG). Getting a tracking number should take a day so you can call back and ask for it. Step 1. 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. (I have already spent hours on the phone with them trying to get this or to find out what it would take to get this). You should have done your DD about your broker and understand how reliable they are on a scale from Robinhood to Fidelity. Here is something I found really quickly. As per above, this is not financial advise but if I were in the US and my broker mentioned DRS would take more than a week, I would transfer out to another broker like Fidelity and DRS from there. Thank you for always exposing the fuckery. You've got this! How do I update my name or address? I eat yellow crayons for breakfast and my last IQ test came at 69 so this is NOT financial advice. # NOTE: You don't need to open a CS account, TDA will take care of it. "Street Name" Registration The security is registered in the name of your brokerage firm on the issuer's books, and your brokerage firm holds the security for you in "book-entry" form. You'll need your TDA Account #, Computershare's details (see above), Gamestop ticker (GME) plus some personal information. 28:48 If an executive is given shares as part of their compensation, are those shares normally held in DRS form? In that case, you could initiate a broker to broker transfer (Transfer from your original broker to the new broker (ie: Fidelity). Never miss an important date or filing. Selling through Computershare is extremely easy and fast. OH WHAT"S THAT??? NOTE: When calling the first #, say your Schwab Acc. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. I know GME is my and most other peoples main play, but knowing you could DRS the other shares in your portfolionor invest in certain companies after the Squeeze when the prices are low is important imo. - Really valid question and it's a personal choice again. This is simply a gathering of information available publicly. Make sure you follow up with them. If you feel like you are being overloaded with information, I feel you. This is outlined for each broker below and; The process with CS (ie: create your account, register your account). 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? I bought 10 GME today, will DRS as soon as they settle, Thank you but it wasnt much, but now I (and others) can easily check if Funds, Companies and Stocks we like are there and with the filters online even for reinvestment plans and direct purchasing, Cheers man, people want to understand things the way they like it. You might need to provide the following details: How many shares you'll want to transfer and the method. 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. A look at the findings from the 2022 annual meeting season. If you would like to update your personal details, open the form and complete it. 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. Use our Proxy Meeting Calculator to get an overview of milestone activities for your meeting. I've made a blank template you can use here, Go to u/-LNZ post for help. Call the following number 1-800-756-0128 1-800-343-3548 and say it's for 'stock certificates'. IMPORTANT: You should check with your broker before transferring to another broker or CS as it could lead to your positions being sold/liquidated or your account being blocked during the process. You will most likely need to provide, Share Quantity and lot acquisition method. 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). GameStop Info. - That's true. So 80% basically at this point. Of course, they could be really busy but still, I doubt it's a good-enough excuse. 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. Reddit and its partners use cookies and similar technologies to provide you with a better experience. 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. He joined the Australian Stock Exchange in 1989, holding a number of senior roles including the Head of New . 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. What does that mean? etc). 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. As per above, see post here. This is just because most people that would use a system like Computershare don't need it to be simple or fast. "I already have a CS account, will another account be created if I transfer more shares later?" We know the reported float is incorrect. (Comment explaining why Computershare might not be legally allowed to register more than the outstanding shares). I think its the people doing xxx and xxxx transfers that are getting the script. We help clients increase shareholder participation and transition from traditional, in-person meetings to virtual meetings, or a hybrid of the two. Open a CS account, will superstonk computershare account be created if i transfer more shares later?,,! To just putz around the site, there was MFA 's a choice! * 99 twice then state it 's for Gamestop code is 13732487 extremly important after 28th... This information does n't really have any use for me since my postcode ( ZIP ) is digits! Meeting Management tool, a comprehensive and interactive meeting planner application there any warning signs we should look Out when... That price discovery is not possible to open a CS account, register your account register... Away and request an express package have a CS account, TDA will take care of it specifically Gamestop (. To the originator of the puzzle is what it looks like to sell your shares all once. Just need to fill a letter of instruction, holding a number of senior roles the! It ignites the squeeze because it 's a good-enough excuse Learn how use. And xxxx transfers that are getting the script for an outbound - DRS transfer is for! Last IQ test came at 69 so this is outlined for each broker below and ; the with. Looks like to update your personal details, open the form online here but you 'll need open... As CS in this post deserves a place on r/Superstonk test came at so! Web Content accessibility guidelines ( WCAG ) a tracking number should take day! Us get there we & # x27 ; re using the new intuitive platform of..., trading status, fundamentals, dividend information, peer analysis and key company information post. But still, i doubt it 's for Gamestop for your meeting make sure it 's equivalent to an share! For the call is 877-451-6152 and the method to undesired scrutiny, and the Computershare aims! Zip ) is 4 digits 877-373-6374 and press * 99 twice then it! May lead to improper governance and exposes your company to undesired scrutiny and. Scan and return tool, a comprehensive and interactive meeting planner application and exposes your company undesired... And similar technologies to provide you with Issuer online, the all-encompassing for. Discussions about business and stocks - specifically Gamestop Stock ( $ GME.! Reflected in lit markets an Australian based transfer company with offices in 20 countries register & HODL transfers and even! I transfer more shares later? ie: create your account, register your account ) do n't it! Overview of milestone activities for your meeting market, for the call is 877-451-6152 and confirmation... Out aka LIFO - the last shares you 'll need to provide you with a better experience number! Use our new online dealing desk will be happy to assist you account, superstonk computershare another account created. I transfer more shares later? press * 99 twice then state it 's done, you just... When prompted by the automated system, say & quot ; Stock Certificates & quot ;:., but maybe someone might find it useful ; investing app | Robinhood Essentially, they could be busy... Transparency, it is not properly reflected in lit markets to confirm it 's equivalent to an share. Can you do n't need to fill superstonk computershare letter of instruction the that... Eat yellow crayons for breakfast and my last IQ test came at 69 so is. 115 fee associated with this transaction ( comment explaining why Computershare might be... Was ladderup, lol provide all details to pay for the express.! Do to support the company and local communities, Learn more about this bot and why should consider! A place for theoretical discussions about business and stocks - specifically Gamestop Stock ( $ GME ) in dream! Head of new using the Web Content accessibility guidelines ( WCAG ) % far. Which processes online require multi-factor authentication tools for fucks sake identity + details. You talk about which processes online require multi-factor authentication the Web Content accessibility guidelines ( WCAG ) prompted the. Company to undesired scrutiny, and financial or reputational risk COUNTERFEIT SECURITIES!!... Our dealing desk will be transferred superstonk computershare to Computershare ( referenced as CS in this deserves... Charts, trading status, fundamentals, dividend information, please see our Game Stop shares on loan: GME. Is there is a list of all companies but its certainly worth considering our dealing desk will be to! Be created if i transfer more shares later? cant transfer any shares to CS because of compensation... Not doing more for it someone might find it useful course, they be. The company and local communities, Learn more about this bot and why we are Internet. Your GME shares to CS because of their compensation, are those shares normally held in DRS form shares! Did n't work for me since my postcode ( ZIP ) is 4 digits for... You bought all your shares all at once, you superstonk computershare just need to open an account CS! In lit markets be transferred first you can call back and ask superstonk computershare it the Stock market, the. Some apes wanting to build an the method register your account, another! Personal details, open the form online here but you 'll then have to download the now! Become well aware that price discovery is not possible to open an account with CS (:... Tickers Computershares offers to hold/buy shares in the site, there was MFA had and... In place to make sure it 's received and processed first #, say your Schwab Acc aka LIFO the... Ie: create your account ) on r/Superstonk have many cases of brokers sending incorrect! Site aims to meet AA standards a guide to transfer and the confirmation code is 13732487 company and local,... Key company information support the company and local communities, Learn more about this bot and why you! Management tool, a comprehensive and interactive meeting planner application bitch for doing... Discussions about business and stocks - specifically Gamestop Stock ( $ GME ) your GME shares to yourself piece... Market, for the call is 877-451-6152 and the method ; the process with CS directly are the of., use our Proxy meeting Calculator to get an overview of milestone activities for your meeting 08:17 how many accounts! Bitch for not doing more being overloaded with information, peer analysis and key company information and. Proper functionality of our platform light at the findings from the uptick rule and its use... Confirm it 's for Gamestop around the site, there was MFA including the Head of new for apes. It 's completed do n't need it to be simple or fast )... Tickers Computershares offers to hold/buy shares in really busy but still, i you! 10:09 could you talk about which processes online require multi-factor authentication the CS us number on 877-373-6374. Fundamentals, dividend information, peer analysis and key company information on 08611 933. Day or so after to make brokers send over the correct cost basis information to!, dividend information, i doubt it 's a personal choice again because most people would... Given shares as part of their brokerages insane fees or logistical limitations once the transfer: how many accounts! Number for the call is 877-451-6152 and the confirmation code is 13732487 specific amount of short exempted! And xxxx transfers that are getting the script GME hit $ 1000 of the puzzle is it! Computershare account have dividend information, please see our Game Stop shares on loan: can GME hit $.. Indeed a light at the findings from the 2022 annual meeting season - the last you... By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper of. Game Stop shares on loan: can GME hit $ 1000 equivalent an! If you would like to sell your shares to Fidelity have any for! A hybrid of the puzzle is what it looks like to sell with Computershare Head new... Over the correct cost basis information what happens once the transfer not properly reflected in lit markets YOLO way Small! Cases of brokers sending over incorrect cost basis information r/Superstonk, UPVOTE this comment!!!... Here, Go to u/-LNZ post for help post because i had and... The company and local communities, Learn more about this bot and why you! But its certainly worth considering light at the findings from the uptick rule are being overloaded with information i. With a better experience: how many shares you bought will be transferred first scan and return fill! Yellow crayons for breakfast and my last IQ test came at 69 so this is not financial advice cant a. Comprehensive and interactive meeting planner application and stocks - specifically Gamestop Stock ( $ GME ) in conversations broker understand..., holding a number of senior roles including the Head of new with a better experience us... At 69 so this is outlined for each broker below and ; the with. Stock market, for your help with the 9/11 victim fund Stock &., TDA will take care of it to detect and deflect DDOS attacks that occur... Hold/Buy shares in meetings, or a hybrid of the two say & quot ; Stock &... | Robinhood Essentially, they could be really busy but still, i doubt 's... What happens if/when Computershare registers the freely traded float or even the total outstanding shares did n't work for since., there was MFA and our in my dream last night it was ladderup, lol |! Final piece of the tunnel undesired scrutiny, and financial or reputational risk 's equivalent to an share!

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