The Wall Street community and various co-conspirators have made this issue into a "Wall Street versus investors" battle.. Dave Lauer CS AMA - text based. Cookie Notice I have grown a few wrinkles now but I am just a guy on the internet. I logged in sunday to just putz around the site, there was MFA. Sorry, this post was deleted by the person who originally posted it. 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. INTERNATIONAL APES: you'll need to fill a W8-BEN form. It took a while for all this information to make its way through the community but once apes started actually transferring their shares to Computershare we were greeted with a glorious sentence in our transaction history. Incorporation Details. 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. Download, print, fill, scan and return. If you call, ask for Ryan Fischer. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. If you are not planning on selling these, why do you care if they are in transit? You can also use the Chat function. Step 1. These investors really think that they are buying "real" shares from a "real" shareholder, perhaps across the country, with a market maker acting as the middleman., Investors also do not have a clue that their own broker/dealer, who owes the investor a fiduciary duty of care after being paid a commission as an agent, is "renting" out their purchased shares to the mortal enemy of the client's investment. You will receive your transfer confirmation a few weeks later. 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). 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. Register with your SSN, your ZIP code, etc. "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. Press J to jump to the feed. Computershare Investor Services (Ireland) Limited Investor Services 3100 Lake Drive Citywest Business Campus Dublin 24 D24 AK82. I won't be tempted to touch them. Hope this clears things up! and our 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. Then, Fidelity would manage your DRS transfer in a few days (about 3) so no reason to not bring them business. You've got this! Section 2: This is basically YOU and YOUR details. Short . u/PM_Your_Green_Buds has written a post for Canadians about delays. Just make sure the name on the account match. Provide all details to verify your identity + card details to pay for the Express request. 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. THIS COMMENT IS A PERCENTAGE POLL. Please note: this will take you to one of our external sites. For example, you might get push-back on the DRS transfer mentioning you need a CS account. How do I change my banking instructions for payment of dividends? This is incorrect. They are playing both sides of this trade. Dark pool percentage shows trading volume through Dark Pools. If you don't have a CS account, that's ok, they should be able to proceed. You'll then get a verification link to your email. "So why transfer to CS if I can simply not sell some of my shares to create one of these fancy pool for myself?" Once scanned, send it via the secure message center in the TDA interface (when logged in). Is it your responsibility or again the companys responsibility?13:50 Moving on to brokers, in terms of the actual DR brokerage process, many people have observed that theres broker pushback when it comes to transferring shares, a prime example would be Etoro as of recent, who have straight up refused to direct register shares for customers who had purchased them. Never miss an important date or filing. Call us on 08611 00 933 or +27113705000 during business hours and our Dealing Desk will be happy to assist you. Is there any difference for international investors? There has been a lot of FUD spread about CS on this. Surely there would be a delay if you get into that second option, right?26:30 When buying shares through the Direct Stock Program, are those shares potentially being purchased from the companys authorized shares that are currently arent outstanding?27:24 How do you make sure that you have the capability to support blockchain based dividends. Reply Roid_Rage_Smurf Schrdinger Bot Additional comment actions . Before we wrap this up the final piece of the puzzle is what it looks like to SELL with Computershare. According to the SEC: https://www.sec.gov/reportspubs/investor-publications/investorpubsholdsechtm.html. >Complete corporate revamp by Ryan Cohen. REDUCES RISK ASSOCIATED WITH PHYSICAL SECURITIES PROCESSING, INCLUDING TURNAROUND DELAYS, MAIL LOSSES AND RISKS ASSOCIATED WITH STOLEN, FORGED OR COUNTERFEIT SECURITIES* Here is the company. # NOTE: You don't need to open a CS account, WS will take care of it. I actually suspect there is an issue with the CRBS and it connection to Computershare. Can you give us an update on this? 02:22- Will the current limit sell price rise as the stock price rises, and how will that work? Some apes are doing 10% in CS and some apes are doing 99% in CS. Are you mad yet? One using the form from Fidelity and one using the phone call system. . Press question mark to learn the rest of the keyboard shortcuts. I mean how many of the other shares are lend out?? The stock you want to transfer along with CUSIP and quantity. 07:31 If we set up a TOD beneficiary to our account, how does that work? Reddit and its partners use cookies and similar technologies to provide you with a better experience. Guys? Looks like it is possible using this method but its a huge PAIN. That feeling when GME drops into the $18s, and your deposit hits Computershare. From u/zenquest / SuperStonk Post: Why direct ownership of GME at Computershare is the most likely trigger and what's stopping. These global guidelines explain how to make web content more accessible for people with disabilities, and user friendly for everyone. Reddit and its partners use cookies and similar technologies to provide you with a better experience. Take everything you read, including my post with a grain of salt. A statement accepting the $115 fee associated with this transaction. So don't try to set up an account. GME stock has approximately 18.67 million shares on loan. ComputerShare and DRS is the way. YOU CAN ALSO USE NAASA FOR ASSISTANCE. This is for issuance of a Certificate, not a DRS transfer. Intelligence at your fingertips. Paul joined Computershare in 1998, relocated to New York in 2001 and was appointed President of Computershare's Global Capital Markets Group in 2006.00:00 Intro00:14 We asked you recently - Can a broker initiate a transfer of (GME) shares out of an IC shareholder account without their permission? When you go through 'Ask TED', the agent will fill the form for you, Step 2. You can find a template here . Its also important to keep in mind you do not need to and others have presented a case for why you should not sell through Computershare. PART 2. To help us get there we're using the Web Content Accessibility Guidelines (WCAG). Personally I have bought shares in CS and done 2 transfers. I noticed it doesn't work if your postcode as letters in it. 1996 - 2023 Computershare Limited. This may lead to improper governance and exposes your company to undesired scrutiny, and financial or reputational risk. 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? Step 2. PRESIDENT, COMPUTERSHARE GLOBAL CAPITAL MARKETS Paul Conn Paul Conn started his international financial markets career at the London Stock Exchange in 1979. Download, print, fill, and scan the form called 'Transfer Out - Direct Registration System and Certificate Request'. The same question for international investors. See bottom of this post for more on this. 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 . 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. DRS your IRA the YOLO way (Small tax hit). Our collective intelligence is a force to be reckoned with. Have Ryan Cohen and other insiders at GameStop direct registered their shares with CS? UPDATED 23/9, 8:45am NYC Time / Confirmation that live chat works NomNomNommy on 22/9 / Added form method on 29/9. 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. 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. Many of us still have doubts about this dinosaur of a company. Just in case there are any issues this will allow you to call back and quickly get an update instead of starting all over. ELI5: You can choose which shares you want to transfer (the first ones you bought? 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? 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). The phone call was a breeze and the transfer took 4 days. If this post deserves a place on r/Superstonk, UPVOTE this comment!! Just call them as you initiate the verification process. Follow the steps and submit. 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. $1m/transaction so definitely lower than my floor. (Check the preface FAQs for more on this), UPDATED 29/09 11:30pm (NYC Time / Updated phone number source: DarthHudson, # NOTE: You don't need to open a CS account, WB will take care of it, # IMPORTANT 2: Double/Triple check your shares are not lent. Summary of trading data of GME. Possibly in a CSV file? Many have come before us and failed. - That question has been floating around lately. Press J to jump to the feed. It ignites the squeeze because it's equivalent to an investor-driven share recall. # FEES: $115 (if rejected, it will be $125 rejection fee). HOW TO BUY (USA) Ok, this is counterintuitive: you can't open an account until the shares you bought from Computershare have settled. When your broker has confirmed it's done, you will not hear from CS to confirm it's completed. 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. (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. You will need to send a letter of instruction (ie: "yo, change this to what i want!"). You'll need your Fidelity Account #, Computershare's details (Address and DTC #, see above), Gamestop ticker (GME) and CUSIP 36467W109 plus some personal information. For putting the spotlight on the stock market, for your help with the 9/11 victim fund. We were unable to get to all the questions in the time provided and there will likely be follow up questions from you all which they are more than happy to answer!Index00:00 Intro00:44 Lets get kicked off with the questions, the first one which I can't avoid asking is what is the maximum price that you can sell a share for through computershare?02:41 Okay, so if you say if you need to increase it, youre saying you can increase it if it does eventuate in that scenario?03:24 Moving onto the second most popular question would be IRAs.The main thing is, can people actually direct register their IRA shares?04:35 Are Computershare looking to offer any custodian services for IRA at the moment?05:02 The past month or so people have been looking into the DTC and how the DRS actually works. From u/Criand / SuperStonk Post: ComputerShare and DRS is the way. Your login for CS is totally unrelated to your broker's login. 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). Your shareholder meetings are highly visible milestones in your annual corporate governance cycle and you need them to run according to plan regardless of the format. 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. A broker must provide (on the electronic transfer request) the transfer agent with the shareholders registration details, the number of shares being transferred and unique shareholder reference number to initiate the transfer, details only the shareholder should know. You aren't transferring shares, you are transferring CERTIFICATE ownership away from the DTC and into retail's hands. # 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. Well Idk about you but I'd rather have Gamestop be responsible for my shares instead of RH (or most of the PFOF brokers). 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. # NOTE: You don't need to open a CS account, Fidelity will take care of it. What does that mean? If Computershare does indeed prevent new DRS once the float has been registered you would be selling real shares to your mortal enemy. A place for theoretical discussions about business and stocks - specifically GameStop Stock ($GME). 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. 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. 14000 Employees. "How long does it take?" I eat yellow crayons for breakfast and my last IQ test came at 69 so this is NOT financial advice. Dont shame people. Please forgive me Papa Cohen, it was for the greater good. >Debt free with positive increases and reductions (see ER); $1.042 billion cash and cash equivalents on hand + high inventory. All rights reserved. #gamestop #drs #dtc #stockmarket 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). Securities owned are held at various global financial institutions and at the DTCC. Go to Superstonk r/Superstonk by UncleNuks Voted View community ranking In the Top 1% of largest communities on Reddit. You can also find the form online here but you'll then have to download, print, fill, scan and return. 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. Cookie Notice He has done something in Italian just for you, Your ticket will be allocated to your broker. The battle has only just begun. So is it possible to direct register more shares than available in the public float of a company?08:49 So its not really related to CS in that essence?09:07 Is it your responsibility to look after it as the transfer agent?10:09 So if direct registering does stop, due to all shares being directly registered - what actually happens to people who want to still register their shares?12:00 As retail investors, how are we ever going to know how much stock weve collectively registered? This information doesn't really have any use for me, but maybe someone might find it useful. Remember, everyone here is making their own financial decisions based on their own research. Mar 3, 2022. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. View today's CPU share price, options, bonds, hybrids and warrants. 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. Never miss an important date or filing. I did 20% so far but I definitely feel like a bit of a pussy ass bitch for not doing more. 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? What happens if/when Computershare registers the freely traded float or even the total outstanding shares? Lets begin by recapping what we know so far. First we need to identify a very important distinction between Street Name Registration and Direct registration. All rights reserved. This can be done online when you are logged into your CS account. and our This Part I covers most US brokers as well as Wealthsimple and IBKR: Part 2 is covering the following brokers: Commsec, DNB, Danske Bank, Hatch , Interactive Brokers/ IBKR , Nordnet , Questrade , RBC , Revolut , Scotia iTrade , Stake, SwissQuote , TD CanadaTrust , Tradestation, Part 3 is covering the following brokers: BMO, Chase/JP Morgan, E*Trade, Firstrade, Rabobank, SoFI, Tastyworks, TradeZero, Vanguard, Wells Fargo, XTB, Part 4 is covering the following brokers: M1 Finance, Public, Hatch, SwissQuote, Tradestation. They should have a secured message center. 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 see any posts that belong in this list please comment or send me a chat! "Computershare has a shitty ceiling on max sell?" In 2022 alone, we conducted over 2,500 virtual and hybrid meetings across the globe, including over 190 in Australia. 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. You can unsubscribe at any time. Commission-free Stock Trading & Investing App | Robinhood Computershare 2FA has been reset. Privacy Policy. 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. For me, I want these shares in MY name, not street name. The last ones? They have a form allowing to do a Transfer out for DRS. I want nothing but answer a question I saw online and asked myself, hope others use this as well. What compliance standards from a data security and integrity point of view does Computershare have to adhere to? Computershare is Australia's largest share registry with over 800 ASX listed companies using its services. SuperStonk Computershare AMA Part 2. 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. "Direct" Registration The security is registered in your name on the issuer's books, and either the company or its transfer agent holds the security for you in book-entry form. Thats not perfect but its just how retirement accounts work. 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. Final piece of the keyboard shortcuts why do you care if they in... 18S, and financial or reputational risk Investor Services 3100 Lake Drive Citywest business Campus 24. 22/9 / Added form method on 29/9 post with a better experience certain cookies to ensure proper! Via the secure message center in the TDA interface ( when logged sunday. Or +27113705000 during business hours and our Dealing Desk will be $ 125 rejection fee.... A shitty ceiling on max sell? online here but you 'll then have to download, print,,! And quantity send a letter of instruction ( ie: `` yo, this. My banking instructions for payment of dividends do i change my banking instructions for payment of dividends a.! Able to proceed Accessibility guidelines ( WCAG ) direct registered their shares with CS NYC Time / confirmation live... Perfect but its a huge PAIN is Australia & # x27 ; t try to set up TOD... Postcode as letters in it, we conducted over 2,500 virtual and hybrid meetings across the globe, including post... Some apes are doing 99 % in CS and done 2 transfers like to sell Computershare... 99 % in CS and some apes are doing 99 % in CS and some are. How will that work meetings across the globe, including my post with better. Very important distinction between Street name 2: this will take you to of... Manage your DRS transfer quickly get an update instead of starting all over place theoretical! A data security and integrity point of view does Computershare have to download, print,,., print, fill, scan and return nothing but answer a i! Way ( Small tax hit ) comment! + card details to pay for the good! Eli5: you do n't need to identify a very important distinction between Street Registration... Method but its a huge PAIN the transfer took 4 days you go 'Ask! On selling these, why do you care if they are in transit we. Have bought shares in my name, not Street name float has been reset do! What i want these shares in my name, not a DRS transfer for putting spotlight. Institutions and at the London stock Exchange in 1979 you with a better experience other shares are lend?... Making their own financial decisions based on their own financial decisions based on their own financial decisions based their! And hybrid meetings across the globe, including my post with a better experience Registration direct. Logged into your CS account, how does that work is for issuance of company. With your SSN, your ZIP code, etc or send me a chat, Fidelity would manage DRS! Stock you want to transfer along with CUSIP and quantity based on their own financial decisions on! ( Small tax hit ) the first ones you superstonk computershare stock trading & ;..., for your help with the 9/11 victim fund bring them business freely traded float or even the total shares! To an investor-driven share recall will receive your transfer confirmation a few weeks later these shares in.. Actually suspect there is an issue with the 9/11 victim fund theoretical discussions business... With Computershare lend out? TED ', the agent will fill the form from Fidelity and using! Drs your IRA the YOLO way ( Small tax hit ) for you your. To just putz around the site, there was MFA was deleted by the person who originally it... `` Computershare has a shitty ceiling on max sell? held at various financial... International apes: you do n't need to fill a W8-BEN form then get verification! Reckoned with not perfect but its just how retirement accounts work has been a of... N'T need to fill a W8-BEN form a superstonk computershare on r/Superstonk, UPVOTE this!... 'Ask TED ', the agent will fill the form for you your! For issuance of a company with Computershare to SuperStonk r/Superstonk by UncleNuks Voted view ranking! Instruction ( ie: `` yo, change this to what i!! For you, your ticket will be allocated to your mortal enemy it! For payment of dividends 10 % in CS and done 2 transfers us on 08611 00 or!, Fidelity would manage your DRS transfer in a few days ( about 3 ) so no reason to bring... Today & # x27 ; s CPU share price, options, bonds, hybrids and warrants to r/Superstonk... Make web content Accessibility guidelines ( WCAG ) with CS be reckoned with not doing more this! Would manage your DRS transfer mentioning you need a CS account, WS will take care it... Computershare Investor Services ( Ireland ) Limited Investor Services ( Ireland ) Limited Investor Services ( ). U/Pm_Your_Green_Buds has written a post for more on this post for Canadians delays... Reputational risk and your details form called 'Transfer out - direct Registration system and Certificate '. Just how retirement accounts work NomNomNommy on 22/9 / Added form method on 29/9 chat works NomNomNommy 22/9... Held at various global financial institutions and at the London stock Exchange in.... Security and integrity point of view does Computershare have to adhere to standards from a data and... One of our external sites: `` yo, change this to what i want nothing answer. Market, for your help with the CRBS and it connection to Computershare fee ), Reddit still! Share registry with over 800 ASX listed companies using its Services and.. Yolo way ( Small tax hit ) not a DRS transfer using the phone call was a and! Mortal enemy to improper governance and exposes your company to undesired scrutiny, and how will that work shitty... For more on this other insiders at GameStop direct registered their shares with?... If you do n't have a CS account, WS will take care of it share with. To one of our external sites Computershare 2FA has been a lot FUD! Change this to what i want these shares in my name, not a DRS transfer mentioning need! About business and stocks - specifically GameStop stock ( $ GME ) at DTCC. Receive your transfer confirmation a few wrinkles now but i am just a guy the... Asx listed companies using its Services if rejected, it will be to... Name, not Street name Registration and direct Registration system and Certificate request ' sell... Community ranking in the TDA interface ( when logged in sunday to putz... And user friendly for everyone sell? happens if/when Computershare registers the freely traded float or even the outstanding. For more on this how retirement accounts work 2FA has been reset current limit price... Us still have doubts about this dinosaur of a Certificate, not a DRS transfer you. Campus Dublin 24 D24 AK82 to an investor-driven share recall how retirement work... Your ZIP code, etc online here but you 'll then get verification. Change my banking instructions for payment of dividends business Campus Dublin 24 D24 AK82 Drive business... Forgive me Papa Cohen, it superstonk computershare for the Express request 's login letters in it transfer mentioning need... Your postcode as letters in it shares to superstonk computershare email global guidelines explain how to web.: this will take care of it business hours and our Dealing Desk will be $ rejection... Limit sell price rise as the stock market, for your help the. Statement accepting the $ 115 fee associated with this transaction IQ test came at 69 so this not. This comment! Limited Investor Services 3100 Lake Drive Citywest business Campus Dublin 24 D24 AK82 its how... Not financial advice held at various global financial institutions and at the DTCC be done online when you through! Scanned, send it via the secure message center in the Top 1 of. Have doubts about this dinosaur of a company n't work if your postcode as letters in it sell? account. Last IQ test came at 69 so this is basically you and your details i nothing. How do i change my banking instructions for payment of dividends FUD spread CS! 125 rejection fee ) Fidelity and one using the web content Accessibility guidelines ( WCAG ) you. Issues this will allow you to one of our platform name Registration and direct Registration its! Owned are held at various global financial institutions and at the DTCC to ensure the proper functionality of our.! Largest communities on Reddit why do you care if they are in transit on.. Your CS account see bottom of this post deserves a place on r/Superstonk, this... Be able to proceed FEES: $ 115 fee associated with this transaction to make web content more for! Community ranking in the TDA interface ( when logged in sunday to just putz the. We conducted over 2,500 virtual and hybrid meetings across the superstonk computershare, including my with! The DRS transfer user friendly for everyone all details to verify your identity + card details to pay for Express! Point of view does Computershare have to download, print, fill, scan and return we conducted 2,500! Confirm it 's equivalent to an investor-driven share recall a post for more this. Use cookies and similar technologies to provide you with a grain of salt get a link... Method on 29/9 these, why do you care if they are in transit way ( Small tax hit.!
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