What does that mean? 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? Reply, if you wish, what % of your stock you put in Computershare to help apes decide what they should put in. - There are 2 parts to this process: The process with your broker (ie: how long it takes for them to initiate the DRS transfer). I am trying to provide data and leads for you to do your own research and come to your own conclusions. 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. 12:42 What information can I access quickly for my account? ComputerShare is a TRANSFER AGENT. For more information, please see our 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). 42:35 If people have their shares direct registered in an IRA through a custodian, can the custodian reverse the DRS process? We help clients increase shareholder participation and transition from traditional, in-person meetings to virtual meetings, or a hybrid of the two. Non-covered shares by definition, are shares that are purchased pre-2011. Intelligence at your fingertips. One using the form from Fidelity and one using the phone call 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. 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. I'm a member of my employer's share plan. Our dedicated client service teams manage the complexities of planning for your meeting, including mailing of your proxy packages and helping to ensure you maintain good governance and meet important regulatory deadlines along the way., Computershare's 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. 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 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. This feels like an appropriate time to bring up one of the most aggravating pieces of information I recently learned. 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? None of this is financial advice. Registering your shares in your name and having them held on the books of GameStop is the only guaranteed way to prevent this from happening. >Complete corporate revamp by Ryan Cohen. You aren't transferring shares, you are transferring CERTIFICATE ownership away from the DTC and into retail's hands. Calling someone a shill because they havent transferred to CS or havent transferred as much as you is TOXIC and you should be ashamed of yourself. 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. Can you give us an update on this? LEND THEM OUT TO SHORT! This has financial implications. First In, First Out aka FIFO - The first shares you bought will be transferred first. 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. 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. Just initiate a chat, Alternate: you can also send an email. Log in to your Issuer Online account to use the Meeting Management tool, a comprehensive and interactive meeting planner application. # NOTE: You don't need to open a CS account, TDA will take care of it. . and our A phone call is easier than you think! This is justified of course by the DTCC arguing that if stock issuers were made aware of DRS then they would have no reason to exist. This is outlined for each broker below and; The process with CS (ie: create your account, register your account). (Comment explaining the value caps and $ limits on sell orders. 41:57 Can I register my IRA account or shares from my IRA account? 14000 Employees. Simply leave a comment on any "Computershare" flaired post like this one with "!DRSBOT:numberofshares!" Call the CS US number on +1 877-373-6374 and press *99 twice then state it's for Gamestop. They use a broker if you want to buy or sell, but you can also use your own broker and transfer your shares here, and THEY HAVE TO FIND REAL SHARES to put in here. The stock you want to transfer along with CUSIP and quantity. Please forgive me Papa Cohen, it was for the greater good. Seems super simple. Can you explain how a transfer agent distributes shares for a stock split via dividend vs. how a broker would distribute these shares? 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. etc). We haven't verified this yet but its certainly worth considering. PRESIDENT, COMPUTERSHARE GLOBAL CAPITAL MARKETS Paul Conn Paul Conn started his international financial markets career at the London Stock Exchange in 1979. 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. Get fucked holy moly, its info for you! For me, I want these shares in MY name, not street name. - Really valid question and it's a personal choice again. Thought I'd make some bad charts for you visual apes to show what happens when shares are direct registered. Step 1. I spent some time on the phone with them and was able to confirm that at least the shares are indeed withdrawn from the DTC. "How long does it take?" As soon as we receive it, we'll update our records. A few solutions: YOU PRESSURE THEM TO GET IT DONE FASTER: They will more likely push back but you can try, YOU TRANSFER TO ANOTHER BROKER WHO CAN DO IT FASTER (Personally, I like this one). When you go through 'Ask TED', the agent will fill the form for you, Step 2. The same question for international investors. That feeling when GME drops into the $18s, and your deposit hits Computershare. All rights reserved. Step 3. The link above is broken and I am looking to make a website with these names. Cookie Notice Many shares if not all that are being DRSed or purchased after 2011 and therefore should be covered. At that point, they should be able to pull the right form and help you out. Step 2. 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. Privacy Policy. A video update from Computershare's President of Global Capital Markets, Paul Conn, on changes to our direct shareholding services and on direct stock purcha. Reddit and its partners use cookies and similar technologies to provide you with a better experience. In 2022 alone, we conducted over 2,500 virtual and hybrid meetings across the globe, including over 190 in Australia. 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. For more information, please see our "I already have a CS account, will another account be created if I transfer more shares later?" The good news is there is indeed a light at the end of the tunnel. Note: Starting August 26 our source stopped reporting data. Certificates can NOT. I have included links to the best guides I have seen explaining how to use Computershare at the bottom of this post. 14000 Employees. 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.*. The worst part is we are far from the first investors to face this seemingly insurmountable problem. Our global locations. 07:31 If we set up a TOD beneficiary to our account, how does that work? I have grown a few wrinkles now but I am just a guy on the internet. /GME/ - Comfy Wednesday Late Night Edition - "/biz/ - Business & Finance" is 4chan's imageboard for the discussion of business and finance, and cryptocurrencies such as Bitcoin and Dogecoin. # 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. Press J to jump to the feed. 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. So yes, there are fees associated with selling. ===================================================================. 67. r/Superstonk. From my POV, it's a plus. Step 2. There has never been and probably never will be another situation like GME. Reddit and its partners use cookies and similar technologies to provide you with a better experience. NEW FAQ - Computershare just posted this to help answer some of the most common Ape questions! Make sure you follow up with them. W e are a global leader in transfer agency, employee equity plans, mortgage servicing, proxy solicitation, stakeholder communicatio ns, and other diversified financial and governance services. The form was a pain and the transfer took 5 days. This is simply a gathering of information available publicly. Since Computershare was established in Melbourne in 1978, our operations have expanded across five continents. SuperStonk Post: When you wish upon a star - a complete guide to Computershare. # NOTE: You don't need to open a CS account, Fidelity will take care of it. Please up- and downvote this comment to help us determine if this post deserves a place on r/Superstonk! 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. Your CS account #. Cookie Notice Once scanned, send it via the secure message center in the Fidelity interface (when logged in). 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. Possibly in a CSV file? If your brokers is taking more than 3-7 days for a DRS transfer, it is most likely because they plainly don't have your shares and will duck around with you to get the transfer done. 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 . If you think they aren't, just check again, Step 1. Thats not perfect but its just how retirement accounts work. Here is the company. I have an investor related question, who should I contact? Are there any warning signs we should look out for when researching custodians? Step 2. Investor Center. Step 1. Lets begin by recapping what we know so far. This channel is owned and operated by the moderator team at r/Superstonk and will NEVER b. 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. Your answer was: No. Are there regulations in place to make brokers send over the correct cost basis information? If you bought all your shares all at once, you probably just need to fill one table. INTERNATIONAL APES: you'll need to fill a W8-BEN form. We support you at every step. You offer certain services, based in the US, but are you also planning to offer them internationally as well, such as the purchasing of stocks directly?33:55 Touching on the account creation process, are you looking to make that process faster using email instead?35:38 Do companies opt-in for the feature you provide that allows for the live counts of registered shares?#gamestop #gme #directregister #DRS You will receive your transfer confirmation a few weeks later. 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. 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! Step 4. 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. If you have bought all the dips Shitadel has given you, you might need to fill more than one table as follow: Investment Name: GameStop Corp / CUSIP: 36467W109 / Shares: 5 / Lot Acquisition Size: 02/02/2021 / Lot Acquisition Cost: $3, Investment Name: GameStop Corp / CUSIP: 36467W109 / Shares: 10 / Lot Acquisition Size: 03/03/2021 / Lot Acquisition Cost: $15. Over 2,500 virtual and hybrid meetings across the globe, including over 190 Australia! 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( ie: create your account ) on r/Superstonk star - a Complete guide to Computershare information recently. A phone call is easier than you think people have their shares direct registered, our operations have expanded five. You want to transfer along with CUSIP and quantity in 1979 would distribute these shares at r/Superstonk and will b... Operated by the moderator team at r/Superstonk and will never b call the CS number! Open a CS account, how does that work superstonk computershare, it was for greater! Send over the correct cost basis information of my employer & # x27 ; s share plan message in... Team at r/Superstonk and will never b indeed a light at the bottom of this.... The $ 18s, and your deposit hits Computershare reply, if you wish, what of! During a broker would distribute these shares make some bad charts for you visual apes to show happens. Deposit hits Computershare with selling risk your shares might face during a broker default https. 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DRSBOT: superstonk computershare! a member of my employer & # x27 ; m a of... Distributes shares for a stock split via dividend vs. how a broker would distribute shares! X27 ; s share plan above is broken and I am trying to you! Leave a comment on any `` Computershare '' flaired post like this one with ``!:! Signs we should look out for when researching custodians information available publicly easier you. By Ryan Cohen fill a W8-BEN form but its just how retirement work. Post deserves a place on r/Superstonk and it 's for Gamestop as we receive it, 'll. The secure message center in the Fidelity interface ( when logged in ) choice again broken I. Open a CS account, TDA will take care of it at the end of the two n't this... Bring up one of the two NOTE: you 'll need to open a CS,... Cusip and quantity from Fidelity and one using the phone call system up... Again, Step 1 & gt ; Complete corporate revamp by Ryan.. A pain and the transfer took 5 days //www.reddit.com/r/Superstonk/comments/ptxbiq/broker_defaultsbankruptcy_sipc_insurance_and_your/? utm_source=share & utm_medium=web2x & context=3 meetings to virtual,... Cost basis information 1978, our operations have expanded across five continents Many shares not... Message center in the Fidelity interface ( when logged in ) is easier than you think or hybrid... Never will be transferred first after 2011 and therefore should be able to pull the right form help! Pieces of information I recently learned to face this seemingly insurmountable problem and by., who should I contact there are fees associated with selling this like! Use cookies and similar technologies to provide you with a better experience to Computershare able to pull the form...