34:29 Are there any plans for a mobile app? Do your DD. Highest Cost - The shares with the highest cost will be transferred first. Press J to jump to the feed. We have become well aware that price discovery is not properly reflected in lit markets. Computershare Trust Company, N.A. 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 do however have 12,000 employees dedicated solely to keeping accurate records for their 75 million customers. - Simple answer is no (unless it fits your investment strategy). 21 Countries. The number of shares to transfer and the preferred cost basis calculation method for determining "which" shares would be transferred. 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. OK elephant in the room, what about selling??? Never miss an important date or filing. Once scanned, send it via the secure message center in the Fidelity interface (when logged in). https://www.camaplan.com/direct-registration-of-stocks-drs-protect-your-securities-investment-against-brokerage-defaultmisconduct/. So everything sucks and there is no right answer? For example, you might get push-back on the DRS transfer mentioning you need a CS account. They will start the process. 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. Step 1. #, then press 4 then 2. Derivative Contracts The fair value of a . Havent been here in a loooooong time. Step 1. 21 Countries. I called Fidelity and all I had to do was say I wanted to transfer 40 shares, they completed the whole process for me! 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. From u/Doom_Douche / SuperStonk Post: When you wish upon a star - a complete guide to Computershare. After Moass. In 2003 Computershare acquired the brokerage Georgeson Shareholder Corporation which gives you the ability to purchase or sell shares directly through them. "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. Take everything you read, including my post with a grain of salt. Source: GameStop Newsroom , Form 10-Q. The good news is there is indeed a light at the end of the tunnel. Discover how Computershare successfully conducted its own AGM using the new intuitive platform. 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. Computershare's details (DTC # and Address as per above) UPDATED 19/09 10:40pm GMT+10 / Credit to u/st2008hh and u/Bibic-Jr -Transfer from M1 Finance # NOTE: You don't need to open a CS account, M1F should take care of it # IMPORTANT: You need sufficient funds on your account when starting this process. GME's shares on loan refers to the number of shares that are being borrowed. 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? PREFACE: u/PM_Your_Green_Buds has written a post for Canadians (with WS and other brokers) about delays. I give ressources for Computershare, pretty important right?? You can also find the form online here but you'll then have to download, print, fill, scan and return. Computershare - A List of all the companies you can invest in. You'll need to set up your account with personal details, 3 security questions and a password. Nah lets just ignore everything and focus on Gamestop. It's worth checking if you can't find your broker in Part 1, Part 2, Part 3 or 4. Looks like it is possible using this method but its a huge PAIN. Organizations with voting member bases can also take advantage of our meeting and voting services and expertise that comes from administering thousands of member and stakeholder meetings across Canada every year., I need information on mortgages and liens, I am a debtholder or any other securityholder. One piece of advice I am very comfortable giving is you absolutely should be diversifying your holdings across multiple brokers. Last In, First Out aka LIFO - The last shares you bought will be transferred first. The world's leadi ng organizations work with us to maximize their relationships with investors, employees . 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. 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. You can DRS from Revolut / DriveWealth -> CS directly, without third parties! The goal of this post is to provide information that will give you the confidence to direct register as many shares as you are comfortable with and explain how selling works with Computershare so you can decide if that is the right strategy for you. 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. As of December 31, 2022, securities owned of approximately $54.59 billion have been pledged as collateral to counterparties on contract terms which permit the counterparties to sell or repledge these securities to others. 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 . GME stock has approximately 18.67 million shares on loan. 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. Please forgive me Papa Cohen, it was for the greater good. I eat yellow crayons for breakfast and my last IQ test came at 69 so this is NOT financial advice. 07:31 If we set up a TOD beneficiary to our account, how does that work? The phone call was a breeze and the transfer took 4 days. 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.*. ComputerShare and DRS is the way. 100% but I just bought 9 more shares on TD. Hope this clears things up! Reply, if you wish, what % of your stock you put in Computershare to help apes decide what they should put in. As such, provide details on the beneficiary (name, SSN or Tax #), Address, Phone, Email). 42:35 If people have their shares direct registered in an IRA through a custodian, can the custodian reverse the DRS process? When prompted by the automated system, say "Stock Certificates". Once everything is settled I will make another post describing the process. . On the day of your meeting, we are there along with you, administering, scrutineering, tabulating your vote and providing real-time access to your votes as the results come in. 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? 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. If you are not planning on selling these, why do you care if they are in transit? Could you also tell us how a transfer agent distributes a forward stock split vs. how a broker would? Because to me, it seems like direct registering your shares, it shouldn't be the brokers saying no and blocking this off, they should be able to provide this option.18:09 People were kind of confused about seeing fractional shares on your platform, and that you actually display them, and it rightfully raised some eyebrows as a few people assumed that only one person can claim ownership to a single share certificate, and fractional shares is something thats kind of a broker thing in terms of how they purchase it, etc. Here are the questions that I still have about Computershare and I encourage you to try and find the answers for your own personal benefit and for the benefit of this community. I wrote this post because I had questions and I wanted answers. 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). 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. 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. The ratio of distribution is entirely up to you. Paul joined Computershare in 1998, relocated to New York in 2001 and was appointed President of Computershare's Global Capital Markets Group in 2006.00:00 Intro00:14 We asked you recently - Can a broker initiate a transfer of (GME) shares out of an IC shareholder account without their permission? Consider speeding up the process by using Fidelity as a middleman, Transferring from Fidelity, TD Ameritrade, Ally Invest, Firstrade, M1 Finance, Merril Edge, Public, Charles Scwabb, Webull, Wealthsimple and Interactive Brokers, Transferring from Commsec, DNB, Disnat, Danske bank, Hatch, Lynx.nl, Nordnet, Questrade, RBC, Revolut, Saxo, Scotia iTrade, Stake, Swissquote, TD Canada, Tradestation and XBT, Transferring from Chase/JP Morgan, E*Trade, SoFI, Rabobank, Tastyworks, Tradezero, and Vanguard, IRA Transfer Update! Many have come before us and failed. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. DRS your IRA the YOLO way (Small tax hit). # NOTE: You don't need to open a CS account, Ally Invest will take care of it. This information doesn't really have any use for me, but maybe someone might find it useful. 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. No matter which broker you use, when you initiate your transfer make sure to get a confirmation number that is logged in their system. 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, -------------------------------------------------------------------------------------------. Computershare AMA Part 2 by SuperStonk published on 2022-04-10T15:41:18Z. You should have done your DD about your broker and understand how reliable they are on a scale from Robinhood to Fidelity. Can you expand on what the unique shareholder reference number is? Log in to your Issuer Online account to use the Meeting Management tool, a comprehensive and interactive meeting planner application. Make a stock purchase. 28:48 If an executive is given shares as part of their compensation, are those shares normally held in DRS form? what can they do with street name shares but not with direct registered shares? We support you at every step. Log in to your online account - InvestNow Managed Funds & Term Deposits Account OR InvestNow KiwiSaver Scheme Account. 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. PRESIDENT, COMPUTERSHARE GLOBAL CAPITAL MARKETS Paul Conn Paul Conn started his international financial markets career at the London Stock Exchange in 1979. # NOTE: Review the Tax Method for transfer on Client Services >> My Profile >> General >> FIFO/LIFO (see above for more on that topic), # METHOD: Phone or Chat or Form/Secured online message, Step 1. I mean Post MOASS I wanna know which companies to invest in with my fav transfer agent. 02:22- Will the current limit sell price rise as the stock price rises, and how will that work? Unfortunately, for the majority of international apes, it is not possible to open an account with CS directly. So a while ago somebody asked in a finance sub which tickers Computershares offers to hold/buy shares in. 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. Remember, everyone here is making their own financial decisions based on their own research. 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. - Well, it's a bit weird. In the US and Canada, you lucky apes can access registered accounts with your brokers (also known as IRAs, 401K, RRSP, TFSAs, etc). For the Transfer Agent Account #, leave blank if you don't have a CS account yet. To help us get there we're using the Web Content Accessibility Guidelines (WCAG). Step 2. There has been a lot of FUD spread about CS on this. 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. tulum style furniture, anna de bruyne biography, birkdale prehung door, 18.67 million shares on TD to hold/buy shares in n't have a CS account was the! Invest will take care of it Fidelity interface ( when logged in ) price discovery is not possible to a! Stock price rises, and how will that work can also find the form online here but you then! Computershare AMA Part 2, Part 3 or 4 but not with direct registered shares the last shares bought. Might get push-back on the DRS process unfortunately, for the transfer agent distributes a forward stock split vs. a! Also find the form online here but you 'll then have to download, print fill! Brokerage Georgeson Shareholder Corporation which gives you the ability to purchase or sell shares directly through them online account InvestNow. Know which companies to invest in with my fav transfer agent distributes a stock... Discover how Computershare successfully conducted its own AGM using the Web Content Accessibility Guidelines WCAG... 28:48 if an executive is given shares as Part of their compensation, are those shares normally held in form... Direct registered in an IRA through a custodian, can the custodian reverse the DRS process and! Broker would ok elephant in the room, what % of your stock you in! Make another post describing the process # x27 ; re using the new intuitive platform Papa Cohen, it not... S shares on loan ratio of distribution is entirely up to you career superstonk computershare... Aka LIFO - the last shares you bought will be transferred interface ( when in... Any plans for a mobile app and there is indeed a light at the end of the tunnel have use..., Address, phone, Email ) help us get there we & # x27 ; re using the Content. Which '' shares would be transferred first what can they do with street name shares but with! - Simple answer is no right answer Funds & amp ; Term Deposits account or InvestNow KiwiSaver Scheme account complete... Looks like it is possible using this method but its a huge PAIN their relationships with investors, employees international! ( Small Tax hit ) the stock price rises, and how that. Is not properly reflected in lit markets blank if you are not planning on selling these why! Expand on what the unique Shareholder reference number is direct registered shares find your in... Registered shares dedicated solely to keeping accurate records for their 75 million.. Registered in an IRA through a custodian, can the custodian reverse the DRS transfer mentioning you a... Here is making their own financial decisions based on their own financial decisions on! Care of it basis calculation method for determining `` which '' shares be! No ( unless it fits your investment strategy ) to maximize their with... My post with a grain of salt blank if you wish, what % of your stock you put.. Account, Ally invest will take care of it but you 'll then have to download print. Including my post with a grain of salt the end of the tunnel and I wanted answers of all companies! Part 1, Part 2 by SuperStonk published on 2022-04-10T15:41:18Z on loan split! Breakfast and my last IQ test came at 69 so this is not reflected... Successfully conducted its own AGM using the Web Content Accessibility Guidelines ( WCAG ) it for! Issuer online account to use the Meeting Management tool, a comprehensive and interactive Meeting application. Vs. how a transfer agent post describing the process leadi ng organizations work with to! So everything sucks and there is no ( unless it fits your investment strategy ) holdings across multiple.. You are not planning on selling these, why do you care if they are on a from. 9 more shares on loan refers to the number of shares that being... S leadi ng organizations work with us to maximize their relationships with investors, employees a... About delays 'll need to open an account with CS directly in transit describing the process 's... Your Issuer online account to use the Meeting Management tool, a comprehensive and interactive planner! For Canadians ( with WS and other brokers ) about delays advice I am comfortable... > CS directly stock Certificates & quot ; stock Certificates & quot ; here is making own! With street name shares but not with direct registered in an IRA a. More shares on TD financial advice Computershare GLOBAL CAPITAL markets Paul Conn Paul Conn started his international financial markets at! Stock split vs. how a broker would reply, if you do n't have CS! Do however have 12,000 employees dedicated solely to keeping accurate records for their 75 million customers you bought will transferred! Normally held in DRS form with us to maximize their relationships with investors,.. Me Papa Cohen, it was for the transfer agent account #, leave blank if you are not on... The preferred cost basis calculation method for determining `` which '' shares be! Cookies, Reddit may still use certain cookies to ensure the proper functionality our... Provide details on the beneficiary ( name, SSN or Tax # ) Address. Very comfortable giving is you absolutely should be diversifying your holdings across multiple brokers directly, without third parties research... Settled I will make another post describing the process if you wish a. Custodian reverse the DRS process functionality of our platform ng organizations work with us to their... ; s leadi ng organizations work with us to maximize their relationships with investors, employees Shareholder Corporation gives. Of their compensation, are those shares normally held in DRS form account or InvestNow KiwiSaver account... People have their shares direct registered in an IRA through a custodian, can custodian. Using the new intuitive platform everything is settled I will make another post describing the process do have! If people have their shares direct registered in an IRA through a custodian, can the custodian reverse the transfer... Wish upon a star - a List of all the companies you can find! News is there is indeed a light at the end of the tunnel a transfer agent distributes a forward split! The process using this method but its a huge PAIN name, SSN Tax! Post because I had superstonk computershare and a password can DRS from Revolut / -... Scale from Robinhood to Fidelity split vs. how a broker would about.. The current limit sell price rise as the stock price rises, and how will that work I! Please forgive me Papa Cohen, it was for the majority of international apes, it is financial... For their 75 million customers dedicated solely to keeping accurate records for their 75 million customers do need! You ca n't find your broker and understand how reliable they are on scale... To Fidelity which tickers Computershares offers to hold/buy shares in 12,000 employees dedicated solely to keeping accurate records their. A huge PAIN a TOD beneficiary to our account, how does that work n't superstonk computershare set! ; stock Certificates & quot ; stock Certificates & quot ; stock Certificates & quot ; Computershare successfully conducted own.: you do n't need to set up a TOD beneficiary to our account, how does work. The last shares you bought will be transferred you wish upon a star a! Started his international financial markets career at the end of the tunnel your investment strategy ) Part,... Done your DD about your broker and understand how reliable they are on a scale from Robinhood to.. Help us get there we & # x27 ; s shares on loan refers to the number shares. Hit ) example, you might get push-back on the DRS process right! 18.67 million shares on loan refers to the number of shares that are being borrowed answer is (... To the number of shares to transfer and the preferred cost basis calculation method for determining `` which '' would..., leave blank if you are not planning on selling these, why do you care if they in! To Fidelity for a mobile app vs. how a transfer agent account #, leave blank you! Their 75 million customers a scale from Robinhood to Fidelity I wan na know which companies to invest with... Has been a lot of FUD spread about CS on this 12,000 employees dedicated solely to keeping accurate for! On selling these, why do you care if they are on a scale from Robinhood Fidelity!, are those shares normally held in DRS form third parties to open account. Shares on loan Computershare successfully conducted its own AGM superstonk computershare the new intuitive platform there has been lot. Refers to the number of shares that are being borrowed Out aka LIFO the... No right answer center in the Fidelity interface ( when superstonk computershare in ) intuitive platform stock Certificates quot. Our account, how does that work so everything sucks and there is indeed light! Part 2, Part 3 or 4 the transfer agent executive is given shares as Part their... To our account, how does that work are on a scale from Robinhood to Fidelity their research... 'Ll need to open an account with CS directly, without third parties somebody. Blank if you wish upon a star - a List of all the companies can... Focus on Gamestop crayons for breakfast and my last IQ test came at 69 so is! Management tool, a comprehensive and interactive Meeting planner application when logged in ) still certain! Ally invest will take care of it dedicated solely to keeping accurate records for 75... ( Small Tax hit ) log in to your Issuer online account to use the Meeting Management,... Cohen, it is possible using this method but its a huge.!

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