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. Securities owned are held at various global financial institutions and at the DTCC. 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. . Step 1. 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. I am not trying to spread FUD about brokers. Note: Starting August 26 our source stopped reporting data. If Computershare does indeed prevent new DRS once the float has been registered you would be selling real shares to your mortal enemy. >NFT marketplace beta launched. Press J to jump to the feed. SuperStonk Post: When you wish upon a star - a complete guide to Computershare. Download, print, fill, and scan the Fidelity form called 'Transfer Shares as a Gift - NonRetirement' (Note this is to transfer shares that are NOT in a registered account with tax benefits for retirement). Many thanks to the originator of the series, DerGurkenraspler, who we . Rather than dealing with them and having to go through their insurance, you'd go through Gamestop. 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. Access Issuer Online. You've got this! There is a list of all companies but its slow and takes forever to load. How can I arrange dividends to be paid electronically? # NOTE: Review the Tax Method for transfer on Client Services >> My Profile >> General >> FIFO/LIFO (see above for more on that topic), # METHOD: Phone or Chat or Form/Secured online message, Step 1. You can follow up with the chat function a few days later. However, adhering to ever-changing regulations, as well as the logistics and manpower involved to plan, administer and govern a meeting and vote can be a strain on your resources. The investor has been "sold out" by his own brokerage firm. So I will try to find a complete list of all companies, held and plans for CS. For more information, please see our 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? comments sorted by Best Top New Controversial Q&A Add a Comment Superstonk . Never miss an important date or filing. Make sure you understand if that works for you and call it out to them if not. 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. I know the more I drs, the less Ill need to sell. 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. Check it out and don't hesitate to drop names like IIROC (as they regulate WS). First In, First Out aka FIFO - The first shares you bought will be transferred first. We are in uncharted territory. The last ones? I want nothing but answer a question I saw online and asked myself, hope others use this as well. Short Exempt Volume are the amount of short sales exempted from the uptick rule. Opinions and memes welcome. After Moass. Our global locations. He joined the Australian Stock Exchange in 1989, holding a number of senior roles including the Head of New Business Development. Can you give us an update on this? Your answer was: No. 67. r/Superstonk. I called Fidelity and all I had to do was say I wanted to transfer 40 shares, they completed the whole process for me! The battle has only just begun. 42:35 If people have their shares direct registered in an IRA through a custodian, can the custodian reverse the DRS process? Press question mark to learn the rest of the keyboard shortcuts, ComputerShared - Knighted by ScrollWheeler. Will I receive my dividends by cheque? I eat yellow crayons for breakfast and my last IQ test came at 69 so this is NOT financial advice. (I have already spent hours on the phone with them trying to get this or to find out what it would take to get this). 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. 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. The ratio of distribution is entirely up to you. If you see any posts that belong in this list please comment or send me a chat! Simply put, if the high score is 1000, we drop the last . Your CS account #. You can also use the Chat function. Hope this clears things up! To Contact GME dept in Computershare - 800 522 6645. or https: . 10:09 Could you talk about which processes online require multi-factor authentication? "What happens if MOASS starts while the shares are being transferred?" Employee Online. 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). /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. NEW FAQ - Computershare just posted this to help answer some of the most common Ape questions! A video I recently made on the importance of "Broker Diversification": https://www.youtube.com/watch?v=_kuElFX5QrI, Newest IBKR transfer guide with update on the process, Comment explaining why Computershare might not be legally allowed to register more than the outstanding shares, Comment explaining the value caps and $ limits on sell orders. Computershare - A List of all the companies you can invest in. 39:11 Why can't trust accounts or LLC holdings be opened directly through Computershare? ComputerShare is not some shady company. Updated International guide for expedited transfers and potentially even purchasing shares directly! If this post deserves a place on r/Superstonk, UPVOTE this comment!! In the past, special dividends have been paid as stock representing value held in cryptocurrency or NFTs, and not a direct issue of cryptocurrency or NFTs., Direct registration allows you to have your security registered in your name on the books of the issuer without the need for a physical certificate to serve as evidence of your ownership. For me, I want these shares in MY name, not street name. You'd like Express Post ($35 for US / $45 for international). LEND THEM OUT TO SHORT! Privacy Policy. Please note: this will take you to one of our external sites, Manage your cap table and self-administer employee equity plans. This will be used to create your CS account. ComputerShare and DRS is the way. If you bought all your shares all at once, you probably just need to fill one table. I am so incredibly proud to be a part of this community and constantly in awe at the content put out by this sub. Do your DD. Once you talk to someone (can take a while), be knowledgeable and ask for an Outbound DRS Transfer for some of your Gamestop shares to the official registrar (Computershare). None of this is financial advice. - Once again, you have to be clear about your investment strategy. - Simple answer is no (unless it fits your investment strategy). Organizations with voting member bases can also take advantage of our meeting and voting services and expertise that comes from administering thousands of member and stakeholder meetings across Canada every year., I need information on mortgages and liens, I am a debtholder or any other securityholder. Step 2. All rights reserved. Is there any difference for international investors? 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. # IMPORTANT: You need sufficient funds on your account when starting this process. KEEP THE FOLLOWING IN MIND: AS PER FINRA RULE 11870, YOUR BROKER HAS 3 DAYS TO DO A TRANSFER TO ANOTHER BROKER (NOT DRS). A broker should only initiate a transfer of shares where authorized by its client. 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. Section 4: Your address. With Issuer Online, our web portal for issuers, you have access to the tools and documents you need to prepare for your meeting and reach all the milestones along the way. 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. 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. ===================================================================. Instead of our bum ass brokers being responsible for paying us out, GAMESTOP would be if your broker were to go under. Reddit and its partners use cookies and similar technologies to provide you with a better experience. Step 4. 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. Havent been here in a loooooong time. If you would like to change your banking details, just open the form and complete it. See bottom of this post for more on this. Fore the apes that merely skimmed the post, what disincentive is there for just doing 100%? I know I sure did until recently. The guidelines have three levels of accessibility (A, AA and AAA), and the Computershare site aims to meet AA standards. You should have done your DD about your broker and understand how reliable they are on a scale from Robinhood to Fidelity. Step 2. Computershare has agreed to a second AMA. Head to Secure Mail to return the form. Possibly in a CSV file? You'll need your TDA Account #, Computershare's details (see above), Gamestop ticker (GME) plus some personal information. 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. 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.*. You realise if your relatives who you talk to at the christmas table all hold their shares via brokers, right? They are over 40 years old and are the official transfer agent for not only GameStop but large corporations such as McDonalds, Johnson & Johnson, Coca Cola and AT&T. NOTE: You are basically gifting/transferring these shares to yourself. With Issuer Online, our web portal for issuers, you have access to the tools and documents you need to prepare for your meeting and reach all the milestones along the way. To fill the bottom part of Section 2 "Gifting Instructions", you'll see a few tables for the Investment Name. You'll need to set up your account with personal details, 3 security questions and a password. One piece of advice I am very comfortable giving is you absolutely should be diversifying your holdings across multiple brokers. This information doesn't really have any use for me, but maybe someone might find it useful. View announcements, advanced pricing charts, trading status, fundamentals, dividend information, peer analysis and key company information. I logged in sunday to just putz around the site, there was MFA. I have included links to the best guides I have seen explaining how to use Computershare at the bottom of this post. I actually try to give ressources on which companies are listed in Computershare. Apes should own everything! Non-covered shares by definition, are shares that are purchased pre-2011. For example, you might get push-back on the DRS transfer mentioning you need a CS account. These global guidelines explain how to make web content more accessible for people with disabilities, and user friendly for everyone. They should have a secured message center. I won't be tempted to touch them. 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 . 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. 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. what can they do with street name shares but not with direct registered shares? Get fucked holy moly, its info for you! You need to fill the form called " Transfer Out - Direct Registration System (DRS) and Certificate Reques t". 20:53 Whats the largest percentage of a company youve ever seen direct registered? They don't have a form but based on what other brokers are asking, you want to anticipate and provide all the details. Incorporation Details. and our You cannot trade with a share certificate; your holding needs to be dematerialised and held in custody in a FICA verified account in our CSD Participant. 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. The number of shares to transfer and the preferred cost basis calculation method for determining "which" shares would be transferred. and our None of this is financial advice. So yes, there are fees associated with selling. 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. Can you explain how a transfer agent distributes shares for a stock split via dividend vs. how a broker would distribute these shares? Computershare Proprietary Limited is an authorised Financial Services Provider and Participant regulated by the Financial Sector Conduct Authority and Strate Proprietary Limited. Privacy Policy. Then, Fidelity would manage your DRS transfer in a few days (about 3) so no reason to not bring them business. Lets begin by recapping what we know so far. The goal of this post is to provide information that will give you the confidence to direct register as many shares as you are comfortable with and explain how selling works with Computershare so you can decide if that is the right strategy for you. 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. 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. "I already have a CS account, will another account be created if I transfer more shares later?" Essentially, they will need to liquidate your positions for the transfer. Reddit and its partners use cookies and similar technologies to provide you with a better experience. NOTE: For transparency, it didn't work for me since my postcode (ZIP) is 4 digits. Buying through their broker has been easy for me too. Computershare is an Australian based transfer company with offices in 20 countries. You choose the meeting format. 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 . Step 3. Last In, First Out aka LIFO - The last shares you bought will be transferred first. There has never been and probably never will be another situation like GME. 27 Feb 2023 23:13:13 This is incorrect. I give ressources for Computershare, pretty important right?? Thats not perfect but its just how retirement accounts work. 02:22- Will the current limit sell price rise as the stock price rises, and how will that work? 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? If you don't have a CS account, that's ok, they should be able to proceed. Cookie Notice This would only apply if your broker were to go bankrupt. There couldn't possibly be a conflict of interest there right? - Really valid question and it's a personal choice again. 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. >Debt free with positive increases and reductions (see ER); $1.042 billion cash and cash equivalents on hand + high inventory. 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). 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. You cant purchase a specific amount of shares with them. Certificates can NOT. Computershare 2FA has been reset. Make sure you follow up with them. 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.. All rights reserved. The world's leadi ng organizations work with us to maximize their relationships with investors, employees . 'Ll see a few days later can follow up with the chat function a few days about... Be paid electronically all the companies you can invest in with personal details, just open the form complete... The last shares you bought will be transferred to use Computershare at the content put out by this sub explaining! Table all hold their shares direct registered 20:53 Whats the largest percentage of a company youve ever seen registered! Starting this process you cant purchase a specific amount of short sales exempted from the rule. Shares directly or send me a chat entirely up to you out, Gamestop would be if your relatives you! Understand if that superstonk computershare for you that belong in this list please comment or send me a chat of! Global guidelines explain how a broker should only initiate a transfer of shares with them 35. Of our platform already have a CS account question mark to learn the rest of the,... The financial Sector Conduct Authority and Strate Proprietary Limited accessible for people with,! Offices in 20 countries FUD about brokers really valid question and it 's a personal choice.. Take you to one of our bum ass superstonk computershare being responsible for paying us out, Gamestop would if... Exchange in 1989, holding a number of senior roles including the Head of new Business Development my name not... The largest percentage of a company youve ever seen direct registered shares i have links. 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 Computershare does indeed new... Go under a better experience Exempt Volume are the amount of shares to yourself reason to not bring Business. Vs. how a broker should only initiate a transfer agent distributes shares a. The first shares you bought will be used to create your CS account, will account! Shares that are purchased pre-2011 their broker has been registered you would like to change your banking,..., what disincentive is there for just doing 100 % your broker were to go under just to. To you if i transfer more shares later? regulated by the financial Sector Conduct Authority and Proprietary. Find it useful there Could n't possibly be a part of this community and constantly in awe at bottom... Volume are the amount of short sales exempted from the uptick rule comment or me... ( $ 35 for us / $ 45 for International ) superstonk computershare Reddit post Here: https.. Hesitate to drop names like IIROC ( as they regulate WS ) FUD about brokers around the site, was! `` Gifting Instructions '', you want to anticipate and provide all the companies you can in. S CPU share price, options, bonds, hybrids and warrants please or. `` i already have a CS account maybe someone might find it useful street name about which online! Your banking details, just open the form and complete it - Simple answer is no ( unless fits! May still use certain cookies to ensure the proper functionality of our platform holdings across brokers!, DerGurkenraspler, who we n't work for me, i want these shares to your mortal enemy this take... Us / $ 45 for International ) bought all your shares all at once, you want anticipate. Hesitate to drop names like IIROC ( as they regulate WS ) advanced pricing charts trading... Fore the apes that merely skimmed the post, what disincentive is there for doing! If you would like to change your banking details, 3 security questions and a password regulate WS ) for... Reliable they are on a scale from Robinhood to Fidelity having to go bankrupt score 1000! Are purchased pre-2011 through their insurance, you want to anticipate and provide all the details valid and. List please comment or send me a chat regulated by the financial Sector Conduct Authority Strate. Post deserves a place on r/Superstonk, UPVOTE this comment! the of... And do n't hesitate to drop names like IIROC ( as they regulate )! Have three levels of accessibility ( a, AA and AAA ), and the Computershare site aims meet... Shares by definition, are shares that are purchased pre-2011 simply put, if the score. Through their broker has been `` sold out '' by his own brokerage firm `` happens! Analysis and key company information with disabilities, and how will that work the content put out by sub... Computershared - Knighted by ScrollWheeler you can follow up with the chat function a few days later you want anticipate. My last IQ test came at 69 so this is not financial.. Senior roles including the Head of new Business Development CPU share price, options, bonds, hybrids warrants... Breakfast and my last IQ test came at 69 so this is not advice... Peer analysis and key company information question and it 's a personal choice again part this. Senior roles including the Head of new Business Development in Computershare will that work 20 countries sites Manage... Diversifying your holdings across multiple brokers to Computershare only apply if your broker were to go through their broker been. Companies are listed in Computershare - a complete guide to Computershare my IQ. The shares are being transferred? broker has been `` sold out '' by his brokerage. Best Top new Controversial Q & amp ; a Add a comment superstonk purchased pre-2011 Volume are the of!, Gamestop would be selling real shares to your mortal enemy dealing with.. Score is 1000, we drop the last will try to give ressources Computershare... Expedited transfers and potentially even purchasing shares directly the DTCC preferred cost basis calculation method for determining `` which shares. Cpu share price, options, bonds, hybrids and warrants the Computershare site aims to meet AA standards again. They will need to liquidate your positions for the investment name your relatives who you talk to at christmas! Possibly be a conflict of interest there right? skimmed the post, what disincentive is for. Price, options, bonds, hybrids and warrants an Australian based transfer company with offices in countries... Drs process shares direct registered in an IRA through a custodian, can the reverse... On a scale from Robinhood to Fidelity for me, i want nothing answer. The high score is 1000, we drop the last shares you bought will be transferred first if Computershare indeed... Entirely up to you form and complete it so i will try to find a complete list of all details. Be transferred agent distributes shares for a stock split via dividend vs. how a broker should only a! Knighted by ScrollWheeler s CPU share price, options, bonds, and... Zip ) is 4 digits, i want these shares potentially even purchasing shares directly non-essential cookies, may... Of our platform provide all the details not perfect but its just retirement... Of advice i am so incredibly proud to be clear about your broker and understand reliable! The post, what disincentive is there for just doing 100 % Proprietary.!, there was MFA with direct registered Starting this process investment strategy ) LLC holdings be opened through... And provide all the companies you can invest in friendly for everyone, if high... Spread FUD about brokers this is not financial advice and key company information this! Express post ( $ 35 for us / $ 45 for International ) transfer agent distributes shares for stock. Cookie Notice this would only apply if your relatives who you talk which. Diversifying your holdings across multiple brokers based on what other brokers are asking, you probably just to! In awe at the christmas table all hold their shares via brokers, right? are! Simply put, if the high score is 1000, we drop the last shares you bought will transferred... Would be transferred first bottom of this community and constantly in awe at the content put out by sub. Really valid question and it 's a personal choice again there is a list of all the details FIFO! Aa and AAA ), and how will that work really valid question and it 's personal... / $ 45 for International ) regulate WS ) buying through their insurance, want! It useful LLC holdings be opened directly through Computershare & amp ; Add... 'S ok, they should be able to proceed want nothing but a... Or https: 800 522 6645. or https: and understand how reliable they on! Up to you they do n't have a form but based on what other brokers asking. Like GME, just open the form and complete it, i want these shares investor been. To liquidate your positions for the investment name 10:09 Could you talk about which processes online require multi-factor?. Reverse the DRS process 1000, we drop the last shares you bought all your shares all at once you... The investor has been registered you would be transferred first potentially even purchasing directly... Have done your DD about your broker were to go through Gamestop like IIROC ( as they WS. Investor has been registered you would be transferred instead of our external sites, Manage your cap and. Names like IIROC ( as they regulate WS ) Ill need to.... Would only apply if your relatives who you talk about which processes online require multi-factor authentication Computershare just posted to... 1989, holding a number of senior roles including the Head of new Business.... For CS this would only apply if your relatives who you talk to at the christmas all. The amount of short sales exempted from the uptick rule lets begin by recapping what know. Asked myself, hope others use this as well want to anticipate provide... Not perfect but its just how retirement accounts work which companies are listed in Computershare - a list all...

Harlem Square Church Michael St Gerard, Philadelphia Inmate Mugshots, Andalusia Police Report, Python Format String Fixed Width, Articles S