Section 1: For the number of shares, check the info on how to fill the Fidelity form to give you an idea of what I'm talking about. REDUCES RISK ASSOCIATED WITH PHYSICAL SECURITIES PROCESSING, INCLUDING TURNAROUND DELAYS, MAIL LOSSES AND RISKS ASSOCIATED WITH STOLEN, FORGED OR COUNTERFEIT SECURITIES* KEEP THE FOLLOWING IN MIND: AS PER FINRA RULE 11870, YOUR BROKER HAS 3 DAYS TO DO A TRANSFER TO ANOTHER BROKER (NOT DRS). >Complete corporate revamp by Ryan Cohen. ("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; You aren't transferring shares, you are transferring CERTIFICATE ownership away from the DTC and into retail's hands. We know the reported float is incorrect. 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. Contact CS ~48-72h later to make sure all is fine (GME Team: +1 877-373-6374 and press *99 twice then state it's for Gamestop). Step 1. # IMPORTANT 2: If you are on a TFSA or RRSP account, DRS might not be the right thing to do as it has fiscal implication. Sorry, this post was deleted by the person who originally posted it. >NFT marketplace beta launched. Once scanned, send it via the secure message center in the TDA interface (when logged in). Reply Roid_Rage_Smurf Schrdinger Bot Additional comment actions . "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. Lets put it together. https://www.sec.gov/rules/proposed/s72303/decosta122203.htm, We are of the opinion that the rampant "naked short selling" of stocks and the associated epidemic of failures of "good delivery" and loans made to mask "failures to deliver" that we are currently experiencing, threatens the very core and integrity of our financial system., Nave investors assume that the SEC has created a "level playing field" on these trading venues. I 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. Well Idk about you but I'd rather have Gamestop be responsible for my shares instead of RH (or most of the PFOF brokers). LEND THEM OUT TO SHORT! From my POV, it's a plus. 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. 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. NEW FAQ - Computershare just posted this to help answer some of the most common Ape questions! Manage your employee portfolio, access tools and support features Non-covered shares by definition, are shares that are purchased pre-2011. One using the form from Fidelity and one using the phone call system. If you are not planning on selling these, why do you care if they are in transit? So don't try to set up an account. If you have a share certificate and would like to open an account with us, please visit our Open a Custody Account page to learn how or contact us on 083 900 3755. I logged in sunday to just putz around the site, there was MFA. There is a list of all companies but its slow and takes forever to load. 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). 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. The battle has only just begun. They do however have 12,000 employees dedicated solely to keeping accurate records for their 75 million customers. The worst part is we are far from the first investors to face this seemingly insurmountable problem. If you call, ask for Ryan Fischer. Thought I'd make some bad charts for you visual apes to show what happens when shares are direct registered. (Comment explaining the value caps and $ limits on sell orders. Things you need to know and/or might need. - See bottom of this post for more on this. Unfortunately, for the majority of international apes, it is not possible to open an account with CS directly. If I use my personal experience, I have transferred 20% 80% of my GME shares to CS because I'm not planning on selling short or mid-term. ComputerShare is a TRANSFER AGENT. UPDATED 28/09 11:00pm (NYC Time / Added the form method back). The ratio of distribution is entirely up to you. Get fucked holy moly, its info for you! Direct Registered Shares FORGED OR COUNTERFEIT SECURITIES!!!!! Incorporation Details. Summary of trading data of GME. For now, be aware that you can't transfer your shares in Roth IRA unless you liquidate. Mar 3, 2022. #, then press 4 then 2. Just make sure the name on the account match. 14000 Employees. 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. Check it out and don't hesitate to drop names like IIROC (as they regulate WS). 21 Countries. Please note: this will take you to one of our external sites, Manage your portfolio and prepare tax pack, 24/7 client access for tracking projects and managing supplies. My brain was as smooth as a baby's bottom 9 months ago. Fore the apes that merely skimmed the post, what disincentive is there for just doing 100%? Log in to your Issuer Online account to use the Meeting Management tool, a comprehensive and interactive meeting planner application. 21 Countries. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. What compliance standards from a data security and integrity point of view does Computershare have to adhere to? Please don't call me a shill lol but here's how you set a limit order, just like with any other broker, https://cda.computershare.com/Content/7e2c2c4c-aeb6-4614-83a3-b67e32756a78, Transferring shares out is easy with their transfer wizard. I think its the people doing xxx and xxxx transfers that are getting the script. It's worth checking if you can't find your broker in Part 1, Part 2, Part 3 or 4. To help us get there we're using the Web Content Accessibility Guidelines (WCAG). Step 2. This is outlined for each broker below and; The process with CS (ie: create your account, register your account). I've made a blank template you can use here you can use as an attachment. 35:04 DRS shares that do not have their cost basis information sent over by brokers are labeled as non-covered shares. One last thing, be patient and kind with the customer service reps on both the broker side and CS side. Please note: this will take you to one of our external sites. This is for issuance of a Certificate, not a DRS transfer. HOW TO BUY (USA) Ok, this is counterintuitive: you can't open an account until the shares you bought from Computershare have settled. I cant link the thread due to our no brigading policy but here is their official statement on it from their subreddit. - That question has been floating around lately. The same way we are learning, they are also getting up to speed with a niche topic. THIS COMMENT IS A PERCENTAGE POLL. Create an account to follow your favorite communities and start taking part in conversations. I posted the list here too. 09:15 When will European investors be able to easily deposit funds from their European Bank accounts? SuperStonk Computershare AMA Part 2. They should have a secured message center. Computershare Employee Online How to Sell your shares Instructional Video As stated above, they are not a broker yet the shares will show on your CS account, not your existing broker account. Let me see! 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. This information doesn't really have any use for me, but maybe someone might find it useful. He has been awesome and has a lot of history he can share about the events in 2008 that was the genesis behind their IRA DRS service. The phone number for the call is 877-451-6152 and the confirmation code is 13732487. via /r/Superstonk #investing #stocks #fintwit #superstonk. Is there any way we can actually inquire for this information? # NOTE: You don't need to open a CS account, TDA will take care of it. ComputerShare and DRS is the way. 06:33 Can people request the verification code (when setting up an account) be sent to an email address rather than a mailing address? 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. Are you mad yet? I know I sure did until recently. You choose the meeting format. Privacy Policy. First In, First Out aka FIFO - The first shares you bought will be transferred first. It ignites the squeeze because it's equivalent to an investor-driven share recall. TLDR: Computershare is legit and potentially the safest place to hold your shares. 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. YOU CAN ALSO USE NAASA FOR ASSISTANCE. Call the CS US number on +1 877-373-6374 and press *99 twice then state it's for Gamestop. So a while ago somebody asked in a finance sub which tickers Computershares offers to hold/buy shares in. Step 1. Hey there. Step 2. Many shares if not all that are being DRSed or purchased after 2011 and therefore should be covered. 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. 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. We now know what we are up against and who Computershare is. It ignites the squeeze because it's equivalent to an investor-driven share recall. This channel is owned and operated by the moderator team at r/Superstonk and will NEVER b. NOTE: When calling the first #, say your Schwab Acc. In my case, it took 3 days. Just initiate a chat, Alternate: you can also send an email. To fill the bottom part of Section 2 "Gifting Instructions", you'll see a few tables for the Investment Name. 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. Derivative Contracts The fair value of a . Section 2: This is basically YOU and YOUR details. Thank you for always exposing the fuckery. SuperStonk Computershare AMA Part 1. Access the information that matters to you with Issuer Online, the all-encompassing platform for registry intelligence. Its a little annoying to see these fees but when the share price looks like a phone number I dont think it will bother you. Hoping to find a better solution soon. If you get a good experience with one of them, take another 5 min after you are done to write a referral or compliment, it goes a long way! How to use the DRS BOT that is trying to tally how many shares have been transferred to Computershare. Reddit and its partners use cookies and similar technologies to provide you with a better experience. PREFACE: u/PM_Your_Green_Buds has written a post for Canadians (with WS and other brokers) about delays. Please note: this will take you to one of our external sites, Manage your cap table and self-administer employee equity plans. Personally I have bought shares in CS and done 2 transfers. A phone call is easier than you think! 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). 67. r/Superstonk. Step 2. There is a massive financial incentive for them to lend your shares to short sellers and historically speaking they have done everything in their legal authority to lend them. IF LONGER, ASK TO SPEAK WITH THEIR COMPLIANCE DEPARTMENT AND THREAT TO FILE A COMPLAIN WITH FINRA. 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! If Computershare does indeed prevent new DRS once the float has been registered you would be selling real shares to your mortal enemy. Apes should own everything! I am in the process of making an account and moving my Roth IRA with Fidelity to them. You can also find the form online here but you'll then have to download, print, fill, scan and return. 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.". Give Calgary $500M of that for a new arena. Once everything is settled I will make another post describing the process. reddit.com. Can you expand on what the unique shareholder reference number is? 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. Or, use our new online dealing desk to sell your shares. 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) It doesn't appear in any feeds, and anyone with a direct link to it will see a message like this one. The phone call was a breeze and the transfer took 4 days. DRS everything is my strategy, which is 95% GME only. Remember, everyone here is making their own financial decisions based on their own research. Rather than dealing with them and having to go through their insurance, you'd go through Gamestop. "How long does it take?" Each year, Computershare helps over 7,000 clients worldwide to conduct successful shareholder meetings of all kinds annual to extraordinary and everything in between. Before we wrap this up the final piece of the puzzle is what it looks like to SELL with Computershare. In 2003 Computershare acquired the brokerage Georgeson Shareholder Corporation which gives you the ability to purchase or sell shares directly through them. Contact us to learn more about how we can help with your shareholder meetings. We switched short data to solely Finra from that date. ===================================================================IRA Transfers - Adding more soon! 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. From u/Criand / SuperStonk Post: ComputerShare and DRS is the way. They are the designated transfer agent for 37.4% of the market. 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). Use our Proxy Meeting Calculator to get an overview of milestone activities for your meeting. Reply, if you wish, what % of your stock you put in Computershare to help apes decide what they should put in. "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. A statement accepting the $115 fee associated with this transaction. Cookie Notice Reddit and its partners use cookies and similar technologies to provide you with a better experience. We support you at every step. Call the following number 1-800-756-0128 1-800-343-3548 and say it's for 'stock certificates'. Could you also tell us how a transfer agent distributes a forward stock split vs. how a broker would? and our Just in case there are any issues this will allow you to call back and quickly get an update instead of starting all over. Lets begin by recapping what we know so far. 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. Scan this QR code to download the app now. Create an account to follow your favorite communities and start taking part in conversations. 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. Computershare 2FA has been reset. - That's true. Are there regulations in place to make brokers send over the correct cost basis information? I noticed it doesn't work if your postcode as letters in it. - Really valid question and it's a personal choice again. Short percentage is the amount of volume shorted. Have your 11 digit Shareholder Reference Number (SRN) ready! Alberta posted 2.5B surplus. With Computershare, you can rely on intuitive technology, rigorous security, and risk protocols designed by a partner with vast meeting experience. Guys? NEW FAQ - Computershare just posted this to help answer some of the most common Ape questions! You cant purchase a specific amount of shares with them. I can verify that both work. View today's CPU share price, options, bonds, hybrids and warrants. According to the SEC: https://www.sec.gov/reportspubs/investor-publications/investorpubsholdsechtm.html. $1m/transaction so definitely lower than my floor. Send them an email along with the attachment. As such, provide details on the beneficiary (name, SSN or Tax #), Address, Phone, Email). In the US and Canada, you lucky apes can access registered accounts with your brokers (also known as IRAs, 401K, RRSP, TFSAs, etc). Here is the company. No matter which broker you use, when you initiate your transfer make sure to get a confirmation number that is logged in their system. 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. etc). 05:21 In our first AMA you informed us you were looking at what you can do to raise the selling limits. It removes any risk your shares might face during a broker default, https://www.reddit.com/r/Superstonk/comments/ptxbiq/broker_defaultsbankruptcy_sipc_insurance_and_your/?utm_source=share&utm_medium=web2x&context=3. 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. NOTE: You'll see a note on top of the form for a $500 fee. The world's leadi ng organizations work with us to maximize their relationships with investors, employees .