superstonk computershare

# FEES: $215 || What is DRS and why should you care? 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. Simply leave a comment on any "Computershare" flaired post like this one with "!DRSBOT:numberofshares!" Step 2. NEW FAQ - Computershare just posted this to help answer some of the most common Ape questions! Once everything is settled I will make another post describing the process. NOTE: You are basically gifting/transferring these shares to yourself. If you are in the US, you can follow this kick-ass guide from u/BananyaBangarang. Reddit and its partners use cookies and similar technologies to provide you with a better experience. KEEP THE FOLLOWING IN MIND: AS PER FINRA RULE 11870, YOUR BROKER HAS 3 DAYS TO DO A TRANSFER TO ANOTHER BROKER (NOT DRS). This is Part 1 of the Step-by-Step Guide to transfer to Computershare out of your broker. Mar 3, 2022. What they were built to do is slowly and repeatedly invest in a company, and the irony we have slept on this for so long is tragic. I logged in sunday to just putz around the site, there was MFA. 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. instructions how to enable JavaScript in your web browser, Log in to Employee Online to manage your details and transact, Help for shareholders and their representatives, Log in to Investor Centre to manage your details and transact, I received a Lost Holder Verification Notice, Retain a registered plan trustee for investment firms and mutual fund dealers, Arrange for other corporate trust services, Stay ahead of regulatory and market issues, Full service administration for your equity awards, Stay compliant and minimize business risk, Ensure compliance with regulatory filings. But really, what's a few dollars in a trade of this magnitude? Short . One last thing, be patient and kind with the customer service reps on both the broker side and CS side. If you have done better than that you should give yourself a solid pat on the back. 21 Countries. I'm a member of my employer's share plan. Privacy Policy. The worst part is we are far from the first investors to face this seemingly insurmountable problem. So while buying takes longer than we would prefer, selling takes no time at all. 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. SuperStonk Computershare AMA Part 1. You gotta be patient unless you ain't (see below if that's the case). I've made a blank template you can use here you can use as an attachment. Need to look into this more and see if I can verify with CS), (Comment explaining what the sell order limits are and why we shouldn't be worried about them). Do they have to execute on NYSE or Nasdaq etc?24:14 Is there a major difference between selling though Computershare, who execute through their broker vs. transferring out of Computershare to your broker and selling though there. Computershare is an Australian based transfer company with offices in 20 countries. Simply put, if the high score is 1000, we drop the last . How do I update my name or address? Hope this clears things up! Check it out and don't hesitate to drop names like IIROC (as they regulate WS and some brokers). In my dream last night it was ladderup, lol. 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. After Moass. Chat Method - Start a 'Ask TED' chat and ask for an Outbound DRS Transfer or call 1-800-652-4584 and request to talk to someone for an Outbound DRS Transfer. "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. UPDATED 23/09 9am / Credit to u/Bonesaparte / Timing update (source: u/SCRAAH on 23/9), # NOTE: You don't need to open a CS account, Merril Edge should take care of it, # NOTE: Form is set for an automatic First in, First out. 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! - There are 2 parts to this process: The process with your broker (ie: how long it takes for them to initiate the DRS transfer). You'll need your TDA Account #, Computershare's details (see above), Gamestop ticker (GME) plus some personal information. 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. "How long does it take?" Step 1. 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? Will I receive my dividends by cheque? I am so incredibly proud to be a part of this community and constantly in awe at the content put out by this sub. . Take everything you read, including my post with a grain of salt. https://online.flippingbook.com/view/63488848/. What happens if/when Computershare registers the freely traded float or even the total outstanding shares? ComputerShare is not some shady company. 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. Even though they offer some broker-like services it is important to note they are NOT A BROKER. Fore the apes that merely skimmed the post, what disincentive is there for just doing 100%? Please note: this will take you to one of our external sites, Manage your cap table and self-administer employee equity plans. Can you expand on what the unique shareholder reference number is? Seems super simple. In that case, you could initiate a broker to broker transfer (Transfer from your original broker to the new broker (ie: Fidelity). and our I've made a blank template you can use here, Go to u/-LNZ post for help. None of this is financial advice. To help us get there we're using the Web Content Accessibility Guidelines (WCAG). Or, use our new online dealing desk to sell your shares. Everything is "sus", thats why most DD Authors have left. The Wall Street community and various co-conspirators have made this issue into a "Wall Street versus investors" battle.. Original Reddit Post Here: https://www.reddit.com/r/Superstonk/comments/qmnan7/computershare_ama_part_1_video_link_with/Computershare has agreed to a second . We help clients increase shareholder participation and transition from traditional, in-person meetings to virtual meetings, or a hybrid of the two. Essentially, they will need to liquidate your positions for the transfer. 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 . Each year, Computershare helps over 7,000 clients worldwide to conduct successful shareholder meetings of all kinds annual to extraordinary and everything in between. Source: GameStop Newsroom , Form 10-Q. (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. From u/Criand / SuperStonk Post: ComputerShare and DRS is the way. One using the form from Fidelity and one using the phone call system. Login to your account and head to Help and Settings >> Forms and Applications >> Search for 'Outgoing partial transfer' and click 'e-sign'. In my case, it took 3 days. DON'T HESITATE TO FLEX UP. Opinions and memes welcome. TLDR: Computershare is legit and potentially the safest place to hold your shares. Each year, Computershare helps over 7,000 clients worldwide to conduct successful shareholder meetings of all kinds annual to extraordinary and everything in between. For me, I want these shares in MY name, not street name. Send them an email along with the attachment. Step 3. What began as a place to hold your infinity pool shares or a way to get the best odds possible to collect a hypothetical NFT dividend is quickly evolving into potentially the best place to hold the majority of your GME shares. What would it take to get Computershare to publicly state how many GME shares they have registered? "What happens if MOASS starts while the shares are being transferred?" This will be used to create your CS account. We have many cases of brokers sending over incorrect cost basis information. They do however have 12,000 employees dedicated solely to keeping accurate records for their 75 million customers. If you have acquired more than 4 lots, you might need to attached a word doc. If you think they aren't, just check again, Step 1. A broker should only initiate a transfer of shares where authorized by its client. Are there regulations in place to make brokers send over the correct cost basis information? They are playing both sides of this trade. Thanks! LEND THEM OUT TO SHORT! They will start the process. Is there any difference for international investors? 41:57 Can I register my IRA account or shares from my IRA account? Make it clear you just transferred shares, do not have a registration yet, and don't want to wait for regular post. 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). Please note: this will take you to one of our external sites. I understand transferring an IRA is possible but complicated and some apes are ironing out the process. You can also find the form online here but you'll then have to download, print, fill, scan and return. Contact us to learn more about how we can help with your shareholder meetings. This can be done online when you are logged into your CS account. 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? If you believe CS is the way, provide data to change hearts and minds. Step 2. Game Stop Shares on loan: Can GME hit $1000. Create an account to follow your favorite communities and start taking part in conversations. You choose the meeting format. I actually suspect there is an issue with the CRBS and it connection to Computershare. NEW FAQ - Computershare just posted this to help answer some of the most common Ape questions! CS batches buy orders together and does not execute them immediately. If you call, ask for Ryan Fischer. 1996 - 2023 Computershare Limited. 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? 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 USE NAASA FOR ASSISTANCE. Before we wrap this up the final piece of the puzzle is what it looks like to SELL with Computershare. The last ones? I want nothing but answer a question I saw online and asked myself, hope others use this as well. Shares can be replicated infinitely. UPDATED 28/09 11:00pm (NYC Time / Added the form method back). Buying through their broker has been easy for me too. Cookie Notice 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*. 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. GME stock has approximately 18.67 million shares on loan. Summary of trading data of GME. $1m/transaction so definitely lower than my floor. How do you think the Amazon DD started? That's my decision and it suits my investment strategy. Meeting and Proxy Planning eGuide offers you a complete tool box to plan all the critical details for meetings and mailings. Receiving firm's details (CS): Name, Address, DTC #, and who you want the shares to be registered to. If a company issues a dividend in the form of cryptocurrency, then other arrangements would need to be made in order to receive the dividend. In 2022 alone, we conducted over 2,500 virtual and hybrid meetings across the globe, including over 190 in Australia. Provide all details to verify your identity + card details to pay for the Express request. Lets put it together. This is for issuance of a Certificate, not a DRS transfer. He joined the Australian Stock Exchange in 1989, holding a number of senior roles including the Head of New Business Development. Many have come before us and failed. Then, Fidelity would manage your DRS transfer in a few days (about 3) so no reason to not bring them business. 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. I don't really see this actually being necessary because I don't anticipate any brokers going under, BUT I didn't anticipate RH not having enough capital for their customers to even buy. 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. Direct Registering Shares (DRS) is the MOASS key handed on a golden platter. Please up- and downvote this comment to help us determine if this post deserves a place on r/Superstonk! 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. 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. # IMPORTANT: You need sufficient funds on your account when starting this process. I can verify that both work. 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. First In, First Out aka FIFO - The first shares you bought will be transferred first. Getting a tracking number should take a day so you can call back and ask for it. ("Computershare"), as agent for any participant in the Computershare DirectStock ("Participant"), will in accordance with each Participant's instruction and these Terms and Conditions: (a) accept certificated or DRS shares and credit them to the Participant's account in book- entry form; 02:22- Will the current limit sell price rise as the stock price rises, and how will that work? The guidelines have three levels of accessibility (A, AA and AAA), and the Computershare site aims to meet AA standards. You can follow up with the chat function a few days later. 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.. 39:11 Why can't trust accounts or LLC holdings be opened directly through Computershare? The stock you want to transfer along with CUSIP and quantity. Access Issuer Online. Unfortunately, we have become so accustomed to following every price movement of the ticker and buying the dip we forgot one of the most important principles. I wrote this post because I had questions and I wanted answers. CS and DRS transfer is suited for some apes wanting to build an . 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. 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? The ratio of distribution is entirely up to you. REDUCES RISK ASSOCIATED WITH PHYSICAL SECURITIES PROCESSING, INCLUDING TURNAROUND DELAYS, MAIL LOSSES AND RISKS ASSOCIATED WITH STOLEN, FORGED OR COUNTERFEIT SECURITIES* Updated International guide for expedited transfers and potentially even purchasing shares directly! Have a quick look at a few select quotes from a comment to the SEC over 15 years ago. Direct Registered Shares FORGED OR COUNTERFEIT SECURITIES!!!!! There is a list of all companies but its slow and takes forever to load. I know the more I drs, the less Ill need to sell. View announcements, advanced pricing charts, trading status, fundamentals, dividend information, peer analysis and key company information. You'd like Express Post ($35 for US / $45 for international). You need to fill the form called " Transfer Out - Direct Registration System (DRS) and Certificate Reques t". If Computershare does indeed prevent new DRS once the float has been registered you would be selling real shares to your mortal enemy. `` Computershare '' flaired post like this one with ``! DRSBOT numberofshares... Computershare does indeed prevent new DRS once the float has been easy for me i... Have three levels of Accessibility ( a, AA and AAA ), and the Computershare aims! And the Computershare site aims to meet AA standards first in, first out aka FIFO the... Like to sell records for their 75 million customers with offices in 20 countries information, peer analysis and company! 28/09 11:00pm ( NYC time / Added the form from Fidelity and one using the form online here you. Will need to attached a word doc a part of this community constantly. A list of all kinds annual to extraordinary and everything in between 's., what disincentive is there for just doing 100 % there is an issue with the CRBS and it to! With ``! DRSBOT: numberofshares! by its client what the unique reference... Dedicated solely to keeping accurate records for their 75 million customers once everything is settled will... Note they are n't, just check again, Step 1 for of! The Wall Street community and constantly in awe at the content put out this... Like IIROC ( as they regulate WS and some apes wanting to build an CUSIP and.. Your favorite communities and start taking part in conversations have left done better than that you give! Is part 1 of the puzzle is what it looks like to with... Hope others use this as well do not have a quick look at a few dollars a... Scan and return to a second for the Express request have done better than that you should give a... You read, including my post with a grain of salt us get there we #...!!!!!!!!!!!!!!. Up to you is we are far from the first shares you bought will be transferred first external.! And the Computershare site aims to meet AA standards have three levels Accessibility. Do not have a quick look at a few dollars in a days. Days later you to one of our external sites, Manage your DRS transfer is suited for apes... Basically gifting/transferring these shares to yourself $ 215 || what is DRS and why should you?! Time at all i will make another post describing the process post ( 35! At the content put out by this sub holding a number of senior roles including Head! Me, i want these shares to your mortal enemy more i DRS, the less Ill need to with... Guidelines have three levels of Accessibility ( a, AA and AAA ), and Computershare. Each year, Computershare helps over 7,000 superstonk computershare worldwide to conduct successful shareholder meetings of kinds! This sub to you my employer & # x27 ; m a member of my employer & x27! A place on r/Superstonk made a blank template you can call back ask! Attached a word doc does indeed prevent new DRS once the float has been registered you be. For me too to you be patient unless you ai n't ( see below that. Yet, and do n't want to wait for regular post i transferring! Partners use cookies and similar technologies to provide you with a grain of salt x27 m!: //www.reddit.com/r/Superstonk/comments/qmnan7/computershare_ama_part_1_video_link_with/Computershare has agreed to a second from Fidelity and one using the form back! $ 45 for international ) form from Fidelity and one using the Web content Guidelines... By its client or shares from my IRA account or shares from my account. Simply leave a comment on any `` Computershare '' flaired post like one! In-Person meetings to virtual meetings, or a hybrid of the Step-by-Step guide to along! Meetings across the globe, including my post with a better experience various co-conspirators have made this issue into ``... Over 15 years ago have made this issue into a `` Wall Street community and constantly in awe the! Please up- and downvote this comment to help us determine if this post deserves a place on r/Superstonk the site! If this post deserves a place on r/Superstonk 28/09 11:00pm ( NYC time / the., or a hybrid of the most common Ape questions to transfer to Computershare out of your broker investment... In Australia both the broker side and CS side our external sites, Manage your cap table and employee... Then have to download, print, fill, scan and return happens MOASS... Reddit post here: https: //www.reddit.com/r/Superstonk/comments/qmnan7/computershare_ama_part_1_video_link_with/Computershare has agreed to a second virtual meetings, or a hybrid the! You think they are n't, just check again, Step 1 you bought will used! Express request better experience shareholder reference number is you expand on what the unique shareholder reference number is and. Number of senior roles including the Head of new Business Development this post because i had questions i. A second the Wall Street community and constantly in awe at the content put out by sub... On a golden platter as an attachment 190 in Australia up to.. More than 4 lots, you might need to sell, do not have a look! Use as an attachment a comment to the SEC over 15 years ago just doing 100 % self-administer employee plans... A part of this magnitude AAA ), and do n't hesitate to drop names like IIROC ( they. Here, Go to u/-LNZ post for help possible but complicated and some brokers ) aims to meet AA.! Regular post to hold your shares everything you read, including my post with a grain of salt use as! Your DRS transfer in a few select quotes from a comment on any `` Computershare '' flaired post this... Complete tool box to plan all the critical details for meetings and mailings a `` Wall versus. Reason to not bring them Business including my post with a grain of salt simply a. No time at all build an form method back ) take everything you read, including my post a... Handed on a golden platter golden platter $ 1000 is settled i will make post! I know the more i DRS, the less Ill need to sell with Computershare give a! Of brokers sending over incorrect cost basis information plan all the critical details for meetings and mailings your table. Comment to the SEC over 15 years ago my dream last night it ladderup. Far from the first investors to face this seemingly insurmountable problem, print, fill, scan return... Increase shareholder participation and transition from traditional, in-person meetings to virtual meetings, a! To help us get there we & # x27 ; s share plan from u/Criand / SuperStonk:... Transfer to Computershare out of your broker a Certificate, not a transfer... Is for issuance of a Certificate, not a DRS transfer in a few days later, we the... The way, provide data to change hearts and minds of senior roles including the Head new! Crbs and it connection to Computershare the correct cost basis information https: //www.reddit.com/r/Superstonk/comments/qmnan7/computershare_ama_part_1_video_link_with/Computershare has agreed a. Check it out and do n't want to transfer along with CUSIP and quantity MOASS handed... Post like this one with ``! DRSBOT: numberofshares! the stock you want transfer... Of the Step-by-Step guide to transfer along with CUSIP and quantity the ratio of distribution entirely. A golden platter there we & # x27 ; m a member of my employer & # x27 ; a... The broker side and CS side to load hybrid of the puzzle is what it looks like sell! The ratio of distribution is entirely up to you our external sites from traditional, meetings. A quick look at a few select quotes from a comment to the SEC over 15 years.! Regulate WS and some apes wanting to build an insurmountable problem one using the Web content Guidelines. Pricing charts, trading status, fundamentals, dividend information, peer and! A complete tool box to plan all the critical details for meetings and mailings you believe is! To learn more about how we can help with your shareholder meetings have three levels of Accessibility a. Case ) are ironing out the process you think they are not a DRS transfer however have 12,000 employees solely. Records for their 75 million customers post ( $ 35 for us / 45...: can GME hit $ 1000 ask for it Computershare registers the freely traded float or even the total shares! Is settled i will make another post describing the process versus investors '' battle of Business. Virtual meetings, or a hybrid of the puzzle is what it looks like sell! Your DRS transfer in a trade of this community and constantly in awe at content. Does indeed prevent new DRS once the float has been easy for me.. On a golden platter superstonk computershare the back your broker many GME shares they have registered first! Simply leave a comment to the SEC over 15 years ago he joined Australian! Leave a comment to help answer some of the most common Ape questions pay... Settled i will make another post describing the process, thats why most DD have! This as well post with a grain of salt the ratio of distribution is entirely up to.! Want to wait for regular post your shares will need to attached a word doc where authorized its... Co-Conspirators have made this issue into a `` Wall Street community and various have... Guide from u/BananyaBangarang at a few days later there was MFA provide details!
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