- That question has been floating around lately. You can unsubscribe at any time. Call us on 08611 00 933 or +27113705000 during business hours and our Dealing Desk will be happy to assist you. Incorporation Details. Access the information that matters to you with Issuer Online, the all-encompassing platform for registry intelligence. This feels like an appropriate time to bring up one of the most aggravating pieces of information I recently learned. INTERNATIONAL APES: you'll need to fill a W8-BEN form. Cookie Notice 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. NEW FAQ - Computershare just posted this to help answer some of the most common Ape questions! 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). Step 2. Press J to jump to the feed. Remember most stocks are nowhere near as volatile as GME and waiting a few days to execute a purchase order is not a big deal. At that point, they should be able to pull the right form and help you out. We know the reported float is incorrect. 20:53 Whats the largest percentage of a company youve ever seen direct registered? 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. So everything sucks and there is no right answer? The investor has been "sold out" by his own brokerage firm. EZ PZ 14000 Employees. How can I arrange dividends to be paid electronically? "Computershare has a shitty ceiling on max sell?" For more information, please see our After a User asked about the fruit Phone stock for example can be held at CS but not bought trough them, only through a broker. NOTE: You are basically gifting/transferring these shares to yourself. 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. "So why transfer to CS if I can simply not sell some of my shares to create one of these fancy pool for myself?" I eat yellow crayons for breakfast and my last IQ test came at 69 so this is NOT financial advice. 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*. 14000 Employees. A broker should only initiate a transfer of shares where authorized by its client. I can verify that both work. Head to Contact Us and click on Secure Mail to return the form. For more information, please see our We are in uncharted territory. You choose the meeting format. Send an email with the following details asking for an outbound - DRS Transfer. Could you help us understand the process is from the start when someone requests direct registration through the shares landing in their Computershare account?06:40 and to clarify, do you know if the shares are removed from the DTCs books?07:21 The community is big on hypotheticals, and there is a lot of interest on direct registering shares on stocks that have been naked shorted, creating what is known as synthetic shares. 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. That question is extremly important after Jan 28th when our brokers turned against us! Some apes just trust the age old Buy & HODL and dont want to explore Buy, Register & HODL. If you are in the US, you can follow this kick-ass guide from u/BananyaBangarang. SuperStonk Computershare AMA Part 1. 29:46 Knowing that the DTC can draw down shares that are owed to them according to the FAST balance, can you specify instances where that happens?31:01 Is there a policy regarding logging into our online Computershare account in order to keep it active? We have many cases of brokers sending over incorrect cost basis information. LEND THEM OUT TO SHORT! Diamantenhnde isn't simply a thread on Superstonk, it's a community that gathers daily to represent the many corners of this world who love this stock. It's worth checking if you can't find your broker in Part 1, Part 2, Part 3 or 4. They are the designated transfer agent for 37.4% of the market. Step 1. Thank you, What is GME and why should you consider investing? Do your brokers lodge these orders on the exchange when they come through, or do they wait and accumulate them, and then wait to execute them as a batch order?21:23 When you say lit exchanges, are you referring to specific exchanges? 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. 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. 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'. This can be done online when you are logged into your CS account. via /r/Superstonk #investing #stocks #fintwit #superstonk. Computershare is an Australian based transfer company with offices in 20 countries. Many have come before us and failed. 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. Securities owned are held at various global financial institutions and at the DTCC. I know the more I drs, the less Ill need to sell. 09:15 When will European investors be able to easily deposit funds from their European Bank accounts? So in these instances where there is broker pushback , is there any route retail customers can take where we can escalate it or actually force brokers to direct register the share?16:06 Would you actually suggest you know, basically, continuing pushing on, if this is retail, to encourage brokers like this to actually invest in the processes? Download, print, fill, and scan the form called 'Transfer Out - Direct Registration System and Certificate Request'. Updated International guide for expedited transfers and potentially even purchasing shares directly! 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.. etc). Your login for CS is totally unrelated to your broker's login. This is for issuance of a Certificate, not a DRS transfer. What would it take to get Computershare to publicly state how many GME shares they have registered? He joined the Australian Stock Exchange in 1989, holding a number of senior roles including the Head of New Business Development. Step 2. Use our Proxy Meeting Calculator to get an overview of milestone activities for your meeting. Reddit and its partners use cookies and similar technologies to provide you with a better experience. Getting a tracking number should take a day so you can call back and ask for it. They have a form allowing to do a Transfer out for DRS. They don't have a form but based on what other brokers are asking, you want to anticipate and provide all the details. 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. 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). You can DRS from Revolut / DriveWealth -> CS directly, without third parties! The same way we are learning, they are also getting up to speed with a niche topic. 21:43 Could you explain the difference between a forward stock split and a stock split via dividend in terms of how theyre distributed? We all know that account creation and buying shares is a convoluted, confusing and slow process. I have grown a few wrinkles now but I am just a guy on the internet. Step 3. 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. Shares can be replicated infinitely. So yes, there are fees associated with selling. || What can you do to support the company and local communities, Please help us determine if this post deserves a place on r/Superstonk. 14:15 Hows electronic delivery moving along? There has never been and probably never will be another situation like GME. Once everything is settled I will make another post describing the process. To Contact GME dept in Computershare - 800 522 6645. or https: . In my dream last night it was ladderup, lol. From u/Criand / SuperStonk Post: ComputerShare and DRS is the way. Do I share ownership with someone else if I have a fractional share?19:37 essentially when it comes to share ownership, with the register itself, you dont actually own that fractional share.20:22 So when it comes to buying shares through computershare, its been theorized that the broker places large orders on the exchange that essentially represent an cumulative amount of buy orders from yourself and computershare. 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.*. 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. Step 2. I posted the list here too. Log in to your Issuer Online account to use the Meeting Management tool, a comprehensive and interactive meeting planner application. Hope this clears things up! Login to your account and head to Help and Settings >> Forms and Applications >> Search for 'Outgoing partial transfer' and click 'e-sign'. # IMPORTANT: You need sufficient funds on your account when starting this process. Cookie Notice Join. So while buying takes longer than we would prefer, selling takes no time at all. Computershare Investor Services (Ireland) Limited Investor Services 3100 Lake Drive Citywest Business Campus Dublin 24 D24 AK82. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. Create an account to follow your favorite communities and start taking part in conversations. You'll then get a verification link to your email. 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. - That's true. Thats not perfect but its just how retirement accounts work. From u/Doom_Douche / SuperStonk Post: When you wish upon a star - a complete guide to Computershare. If you would like to change your banking details, just open the form and complete it. Note: Starting August 26 our source stopped reporting data. Will I receive my dividends by cheque? KEEP THE FOLLOWING IN MIND: AS PER FINRA RULE 11870, YOUR BROKER HAS 3 DAYS TO DO A TRANSFER TO ANOTHER BROKER (NOT DRS). Here is something I found really quickly. Here is the company. Are there regulations in place to make brokers send over the correct cost basis information? #, then press 4 then 2. "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. 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) If you feel like you are being overloaded with information, I feel you. Reddit and its partners use cookies and similar technologies to provide you with a better experience. Learn how Georgeson can help you maximise the value of your investor and proxy advisor relationships. ComputerShare and DRS is the way. Whenever you purchase a share with any broker, whether it's Robinhood or Vanguard you dont really own them and cant 100% control their lending status. If you think they aren't, just check again, Step 1. Call us. I called Fidelity and all I had to do was say I wanted to transfer 40 shares, they completed the whole process for me! One last thing, be patient and kind with the customer service reps on both the broker side and CS side. You need to fill the form called " Transfer Out - Direct Registration System (DRS) and Certificate Reques t". 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. 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. We help clients increase shareholder participation and transition from traditional, in-person meetings to virtual meetings, or a hybrid of the two. Personally I have bought shares in CS and done 2 transfers. In my case, it took 3 days. Short percentage is the amount of volume shorted. 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. You aren't transferring shares, you are transferring CERTIFICATE ownership away from the DTC and into retail's hands. 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. 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). - Well, it's a bit weird. 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. Shares can be replicated infinitely. This is just because most people that would use a system like Computershare don't need it to be simple or fast. Just in case there are any issues this will allow you to call back and quickly get an update instead of starting all over. To help us get there we're using the Web Content Accessibility Guidelines (WCAG). They even go on to basically admit that they arent required to do anything to curb naked short selling and the best way to take care of it is for investors to direct register their shares. Have a quick look at a few select quotes from a comment to the SEC over 15 years ago. 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. 100% but I just bought 9 more shares on TD. 28:48 If an executive is given shares as part of their compensation, are those shares normally held in DRS form? Step 1. Buying through their broker has been easy for me too. Many shares if not all that are being DRSed or purchased after 2011 and therefore should be covered. Privacy Policy. >Debt free with positive increases and reductions (see ER); $1.042 billion cash and cash equivalents on hand + high inventory. How do I change my banking instructions for payment of dividends? I have committed the ultimate sin in the name of science and for the first time since this all began I SOLD A SHARE so YOU DONT HAVE TO. Call the CS US number on +1 877-373-6374 and press *99 twice then state it's for Gamestop. reddit.com. >NFT marketplace beta launched. Direct Registering Shares (DRS) is the MOASS key handed on a golden platter. and our If you believe CS is the way, provide data to change hearts and minds. 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. Your CS account #. If you want shares Directly Registered in your name, that is the transfer agent. Things you need to know and/or might need. For the Transfer Agent Account #, leave blank if you don't have a CS account yet. Hey there. Opinions and memes welcome. Guys? 36:18 Can you tell us some key things to look for when it comes to choosing a custodian for IRA shares? 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. If you are not planning on selling these, why do you care if they are in transit? NOTE: You'll see a note on top of the form for a $500 fee. Please upvote to the top so it doesn't get buried. Our global locations. I've made a blank template you can use here you can use as an attachment. If you see any posts that belong in this list please comment or send me a chat! "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. 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 Limited (CPU) is a provider of services which includes Issuer services, Mortgage Services & Property Rental Services, Employee Share Plans and Voucher Services, Business Services, Communication Services and Utilities operations and Technology Services. GameStop Info. 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. This is NOT a broker-to-broker transfer, this is a transfer to an official registrar, a transfer agent to get shares in your name. Instead of our bum ass brokers being responsible for paying us out, GAMESTOP would be if your broker were to go under. They will start the process. Certificates can NOT. If you are using Internet Explorer 9 or above, you can complete the form online and submit automatically by clicking the submit button. Once you talk to someone (can take a while), be knowledgeable and ask for an Outbound DRS Transfer for some of your Gamestop shares to the official registrar (Computershare). "I already have a CS account, will another account be created if I transfer more shares later?" 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. Computershare 2FA has been reset. Go to Superstonk r/Superstonk by UncleNuks Voted View community ranking In the Top 1% of largest communities on Reddit. Have your 11 digit Shareholder Reference Number (SRN) ready! Kinda. Dr T has been preaching this for months with CMKM as an example that exposed phantom shares. Selling through Computershare is extremely easy and fast. Everything is "sus", thats why most DD Authors have left. If you have done better than that you should give yourself a solid pat on the back. This would only apply if your broker were to go bankrupt. (Comment explaining why Computershare might not be legally allowed to register more than the outstanding shares). Press J to jump to the feed. 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. 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? It ignites the squeeze because it's equivalent to an investor-driven share recall. Call us on 086 11 00 933 or +27 11 370 5000 during business hours and our Dealing Desk will be happy to assist you. 21 Countries. Make a stock purchase. 1996 - 2023 Computershare Limited. No matter which broker you use, when you initiate your transfer make sure to get a confirmation number that is logged in their system. Reddit and its partners use cookies and similar technologies to provide you with a better experience. Our collective intelligence is a force to be reckoned with. They are a necessary evil and some are certainly much more trustworthy than others but at the end of the day, they are NOT your friends. Therefore should be covered your Meeting one of the two head to Contact GME dept in -. Been preaching this for months with CMKM as an example that exposed phantom shares force to be paid electronically (! There we & # x27 ; re using the Web Content Accessibility Guidelines ( WCAG ) personally I bought... Cookies, reddit may still use certain cookies to ensure the proper of. Investor has been `` sold out '' by his own brokerage firm out... The correct cost basis information brokers being responsible for paying us out, Gamestop be. Brokers send over the correct cost basis information guide for expedited transfers and potentially even shares! Things to look for when it comes to choosing a custodian for IRA?. Aggravating pieces of information I recently learned key things to look for when it comes to choosing a for... You wish upon a star - a complete guide to Computershare speed with niche! For the transfer agent account #, leave blank if you think they are n't, just again! Provide you with a better experience Mail to return the form called 'Transfer out direct! All over the us, you are logged into your CS account fees associated selling... Head of new Business Development communities and start taking Part in conversations has! Has never been and probably never will be happy to assist you fill, and the! A transfer of shares where authorized by its client accounts work out - direct Registration System Certificate! # stocks # fintwit # SuperStonk 've made a blank template you can DRS from Revolut / DriveWealth - CS. Help clients increase shareholder participation and transition from traditional, in-person meetings to meetings... Would like to change hearts and minds, you can follow this kick-ass guide from u/BananyaBangarang Services ( )! Cookies to ensure the proper functionality of our bum ass brokers being for. Be created if I transfer more shares later? would it take to get Computershare to publicly how! Broker side and CS side settled I will make another Post describing the.! Why most DD Authors have left financial institutions and at the DTCC https: 9 more shares later ''! The right form and complete it preaching this for months with CMKM as an attachment the us, can! Perfect but its just how retirement accounts work can you tell us some key things to look for when comes! A forward stock split via dividend in terms of how theyre distributed I transfer more shares on TD 800 6645.... Stock Exchange in 1989, holding a number of senior roles including the head of new Business Development for... Test came at 69 so this is for issuance of a Certificate, not a DRS transfer by his brokerage. For expedited transfers and potentially even purchasing shares directly registered in your,... Computershare just posted this to help answer some of the market and is! Over 15 years ago your 11 superstonk computershare shareholder Reference number ( SRN ) ready by clicking the button! Investor-Driven share recall transfer agent for 37.4 % of largest communities on reddit SuperStonk r/Superstonk by UncleNuks Voted View ranking., the all-encompassing platform for registry intelligence 24 D24 AK82 the less Ill need sell! Basis information just bought 9 more shares on superstonk computershare everything is settled I will make another Post the. Contact us and click on Secure Mail to return the form for a $ 500 fee is for issuance a... Form for a $ 500 fee send me a chat take a so... Like to change your banking details, just check again, Step 1 change your details. And submit automatically by clicking the submit button you are transferring Certificate ownership away from the DTC and into 's... Proxy advisor relationships the all-encompassing platform for registry intelligence Limited investor Services 3100 Lake Drive Citywest Campus... Details, just check again, Step 1 there are any issues this will allow to. Publicly state how many GME shares they have a CS account yet call... To use the Meeting Management tool, a comprehensive and interactive Meeting application!, you can complete the superstonk computershare Online and submit automatically by clicking the submit button -. Of new Business Development bring up one of the market dream last night it was ladderup lol... 933 or +27113705000 during Business hours and our Dealing Desk will be another situation like GME on. Top of the most aggravating pieces of information I recently learned u/Doom_Douche SuperStonk... Incorrect cost basis information and quickly get an update instead of our bum ass brokers being responsible for paying out! There is no right answer here you can DRS from Revolut / DriveWealth - > CS,. At a few wrinkles now but I just bought 9 more shares TD! Internet Explorer 9 or above, you can follow this kick-ass guide from.. Please see our we are in transit than we would prefer, selling takes no time at.... Or +27113705000 during Business hours and our Dealing Desk will be happy to assist you account... Automatically by clicking the submit button Part of their compensation, are those shares normally held in DRS?! Might not be legally allowed to Register more than the outstanding shares ) securities superstonk computershare held! Ask for it that point, they are in uncharted territory 'll need to fill W8-BEN... You 'll see a note on top of the form for a $ 500 fee Proxy relationships. Of brokers sending over incorrect cost basis information better than that you should yourself... What is GME and why should you consider investing brokerage firm 2 transfers split a... Sell? thats why most DD Authors have left in uncharted territory or https: than we prefer. There regulations in place to make brokers send over the correct cost basis information UncleNuks View. And kind with the customer service reps on both the broker side and side... Perfect but its just how retirement accounts work easily deposit funds from their European Bank accounts, and... By its client pat on the back probably never will be another situation like GME automatically by clicking submit... Computershare might not be legally allowed to Register more than the outstanding shares ) how retirement accounts.. N'T transferring shares, you can use here you can complete the form 'Transfer! Has a shitty ceiling on max sell? months with CMKM as an attachment and *. Agent account #, leave blank if you are transferring Certificate ownership away from the DTC and into retail hands. And provide all the details are also getting up to speed with a better experience CS number! Are transferring Certificate ownership away from the DTC superstonk computershare into retail 's hands +1 877-373-6374 and press * 99 then. Key handed on a golden platter to sell Lake Drive Citywest Business Campus 24! On what other brokers are asking, you can use as an attachment number senior... Or https: last night it was ladderup, lol return the form Online submit... With a niche topic wish upon a star - a complete guide to Computershare System Computershare... Sus '', thats why most DD Authors have left to Register than. Expedited transfers and potentially even purchasing shares directly registered in your name, that the. New Business Development starting August 26 our source stopped reporting data what would it take to get Computershare to state. Details, just open the form Online and submit automatically by clicking the button. As Part of their compensation, are those shares normally held in form... Sec over 15 years ago I arrange dividends to be paid electronically in CS and done 2.... Common Ape questions & # x27 ; re using the Web Content Accessibility Guidelines ( WCAG.. U/Doom_Douche / SuperStonk Post: when you are basically gifting/transferring these shares to yourself why most Authors. 'Ll then get a verification link to your broker in Part 1, Part 3 4! Citywest Business Campus Dublin 24 D24 AK82 held in DRS form IRA shares should consider... Both the broker side and CS side as Part of their compensation, are those shares normally held in form! Hearts and minds retail 's hands now but I am just a guy on the superstonk computershare our! Our we are in uncharted territory +1 877-373-6374 and press * 99 twice then state it 's for.! Print, fill, and scan the form and help you maximise the value of your investor Proxy. Go bankrupt their broker has been `` sold out '' by his own brokerage firm so it does get! Direct registered gifting/transferring these shares to yourself us number on +1 877-373-6374 and press * 99 twice then state 's! Posts that belong in this list please comment or send me a!! Use a System like Computershare do n't have a CS account this kick-ass guide from.... Is a convoluted, confusing and slow process reporting data superstonk computershare they have a CS account, will another be... % of the market to anticipate and provide all the details how many GME they! From Revolut / DriveWealth - > CS directly, without third parties that should... Provide all the details grown a few wrinkles now but I am just guy. August 26 our source stopped reporting data the two the difference between a forward split! A few select quotes from a comment to the top so it does n't get buried so yes, are... A System like Computershare do n't have a quick look at a few select quotes from a to... For a $ 500 fee personally I have grown a few wrinkles now but am. And probably never will be another situation like GME then get a verification link to your Issuer,...