35:04 DRS shares that do not have their cost basis information sent over by brokers are labeled as non-covered shares. Computershare has agreed to a second AMA. Buying through their broker has been easy for me too. Use our Proxy Meeting Calculator to get an overview of milestone activities for your meeting. CS and DRS transfer is suited for some apes wanting to build an . and our LEND THEM OUT TO SHORT! 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. Reddit and its partners use cookies and similar technologies to provide you with a better experience. They will start the process. Securities owned are held at various global financial institutions and at the DTCC. Please up- and downvote this comment to help us determine if this post deserves a place on r/Superstonk! NOTE: You can also request Express to receive that special code. Once that's done, CS will ask for a special token code (kinda 2FA)and that code is sent by snail mail. Selling through Computershare is extremely easy and fast. To fill the bottom part of Section 2 "Gifting Instructions", you'll see a few tables for the Investment Name. Cookie Notice Incorporated in Victoria on 18/10/1978. 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). Many thanks to the originator of the series, DerGurkenraspler, who we . 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. Your answer was: No. It ignites the squeeze because it's equivalent to an investor-driven share recall. A place for theoretical discussions about business and stocks - specifically GameStop Stock ($GME). He joined the Australian Stock Exchange in 1989, holding a number of senior roles including the Head of New . Lets begin by recapping what we know so far. Shares can be replicated infinitely. What is GME and why should you consider investing? Chat Method - Start a 'Ask TED' chat and ask for an Outbound DRS Transfer or call 1-800-652-4584 and request to talk to someone for an Outbound DRS Transfer. The phone number for the call is 877-451-6152 and the confirmation code is 13732487. Just call them as you initiate the verification process. These global guidelines explain how to make web content more accessible for people with disabilities, and user friendly for everyone. From u/Criand / SuperStonk Post: ComputerShare and DRS is the way. 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. The form was a pain and the transfer took 5 days. We support you at every step. How to use the DRS BOT that is trying to tally how many shares have been transferred to Computershare. PART 2. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. This information doesn't really have any use for me, but maybe someone might find it useful. 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. 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. 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. 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. 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! 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. Computershare is an Australian based transfer company with offices in 20 countries. Thats not perfect but its just how retirement accounts work. Short . Step 2. Seems super simple. 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.. Alberta posted 2.5B surplus. 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. Contact us to learn more about how we can help with your shareholder meetings. I cant link the thread due to our no brigading policy but here is their official statement on it from their subreddit. Press question mark to learn the rest of the keyboard shortcuts, ComputerShared - Knighted by ScrollWheeler. 07:31 If we set up a TOD beneficiary to our account, how does that work? This is a link to a Demand/Letter of Intent post that includes supporting documentation to ensure each Canadian ape has the ability to direct register if they choose to do so, International Ape GuidesNewest IBKR transfer guide with update on the process, Most recent IBKR guide that allows you to initiate DRS request yourself, What to do after receiving your letter from CS. Reddit and its partners use cookies and similar technologies to provide you with a better experience. etc). PRESIDENT, COMPUTERSHARE GLOBAL CAPITAL MARKETS Paul Conn Paul Conn started his international financial markets career at the London Stock Exchange in 1979. 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. Thanks! I wrote this post because I had questions and I wanted answers. 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. Step 1. Essentially, they will need to liquidate your positions for the transfer. 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.". A statement accepting the $115 fee associated with this transaction. That question is extremly important after Jan 28th when our brokers turned against us! I am so incredibly proud to be a part of this community and constantly in awe at the content put out by this sub. Unfortunately, for the majority of international apes, it is not possible to open an account with CS directly. u/New-Consideration420 do you still have the list? There is a list of all companies but its slow and takes forever to load. Let me see! 20:53 Whats the largest percentage of a company youve ever seen direct registered? Receiving firm's details (CS): Name, Address, DTC #, and who you want the shares to be registered to. The investor has been "sold out" by his own brokerage firm. Mar 3, 2022. A video TLDR of what's been going on with GameStop since last January and why direct registration matters: ________________________________________________________________________Looking for the Daily Thread? Computershare IS NOT A BROKER! It doesn't appear in any feeds, and anyone with a direct link to it will see a message like this one. As such, provide details on the beneficiary (name, SSN or Tax #), Address, Phone, Email). We know the reported float is incorrect. I mean how many of the other shares are lend out?? IMPORTANT: You should check with your broker before transferring to another broker or CS as it could lead to your positions being sold/liquidated or your account being blocked during the process. 09:15 When will European investors be able to easily deposit funds from their European Bank accounts? Issuer Online. Or, use our new online dealing desk to sell your shares. r/Superstonk Stay Zen Fellow Apes Giving away 420 of the 3 3013 NFT Collection Drop your wallet address to . Step 2. Make sure you understand if that works for you and call it out to them if not. Certificates can NOT. Computershare Proprietary Limited is an authorised Financial Services Provider and Participant regulated by the Financial Sector Conduct Authority and Strate Proprietary Limited. 10:09 Could you talk about which processes online require multi-factor authentication? We have tried to put the process of creating an account on Computershare in a video format so that it is easier for all of you to create your log in and acce. Access Issuer Online. A guide to TRANSFER a portion/all of your GME shares to Computershare (referenced as CS in this post). I'm a member of my employer's share plan. Computershare is Australia's largest share registry with over 800 ASX listed companies using its services. 3.3K. You can call CS right away and request an express package. (Comment explaining the value caps and $ limits on sell orders. - That's true. 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. Teaching people and showing generally the Computershare/Transfer Agent way IS the way. Press J to jump to the feed. I have an investor related question, who should I contact? You can follow up with the chat function a few days later. You'll need to set up your account with personal details, 3 security questions and a password. Here are the questions that I still have about Computershare and I encourage you to try and find the answers for your own personal benefit and for the benefit of this community. 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? Reddit and its partners use cookies and similar technologies to provide you with a better experience. 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. The same way we are learning, they are also getting up to speed with a niche topic. 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. For the Transfer Agent Account #, leave blank if you don't have a CS account yet. 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. "So why transfer to CS if I can simply not sell some of my shares to create one of these fancy pool for myself?" 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. # 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. Lets put it together. You cant purchase a specific amount of shares with them. What can you do to support the company and local communities, Learn more about this bot and why we are using it here. 1996 - 2023 Computershare Limited. - 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 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. "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. 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. EZ PZ Nice. The battle has only just begun. reddit.com. 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). 1996 - 2023 Computershare Limited. Privacy Policy. Simply put, if the high score is 1000, we drop the last . Step 2. We help clients increase shareholder participation and transition from traditional, in-person meetings to virtual meetings, or a hybrid of the two. INTERNATIONAL APES: you'll need to fill a W8-BEN form. Our global locations. Cookie Notice 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 aren't transferring shares, you are transferring CERTIFICATE ownership away from the DTC and into retail's hands. 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. 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. They were not built to buy the dip or day-trade which is why those of us used to app-based, commission-free modern trading unreasonably judge their platform as archaic. Direct Registered Shares FORGED OR COUNTERFEIT SECURITIES!!!!! Cookie Notice Step 2. Everything is "sus", thats why most DD Authors have left. 12:42 What information can I access quickly for my account? You'll then get a verification link to your email. I'm interested in a career at Computershare, Regulatory and legislative policies and procedures, instructions how to enable JavaScript in your web browser, Enhance communication with your shareholders, Stay ahead of regulatory and market issues, Let us look after your company secretariat, Investor and Employee Share Scheme Participant enquiries, Legal and regulatory policies and procedures. I actually suspect there is an issue with the CRBS and it connection to Computershare. 34:29 Are there any plans for a mobile app? From my POV, it's a plus. 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. 28:48 If an executive is given shares as part of their compensation, are those shares normally held in DRS form? KEEP THE FOLLOWING IN MIND: AS PER FINRA RULE 11870, YOUR BROKER HAS 3 DAYS TO DO A TRANSFER TO ANOTHER BROKER (NOT DRS). So don't try to set up an account. When I logged in on Monday Feb 27th . They do however have 12,000 employees dedicated solely to keeping accurate records for their 75 million customers. To help us connect you to the right team, please call the number listed on a recent statement or communication from us. Are there regulations in place to make brokers send over the correct cost basis information? Learn more about this bot and why we are using it here. For more information, please see our Fidelity's platform currently does not support holding cryptocurrencies or receiving dividends in the form of cryptocurrency. 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. 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. For more information view our, instructions how to enable JavaScript in your web browser, Deliver your corporate actions with certainty, Understand what your investors are thinking, Offer your securityholders a great service experience, Stay ahead of regulatory and market issues, Communicate effectively with your employees. Can you explain how a transfer agent distributes shares for a stock split via dividend vs. how a broker would distribute these shares? 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? I give ressources for Computershare, pretty important right?? Your CS account #. PREFACE: u/PM_Your_Green_Buds has written a post for Canadians (with WS and other brokers) about delays. When you really think about it, this awkward process seems to be almost perfectly built for most apes that are just buying more shares every paycheck. Press J to jump to the feed. 27 Feb 2023 23:13:13 1996 - 2023 Computershare Limited. Head to Secure Mail to return the form. Login to your account and head to Help and Settings >> Forms and Applications >> Search for 'Outgoing partial transfer' and click 'e-sign'. View today's CPU share price, options, bonds, hybrids and warrants. 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). Intelligence at your fingertips. and our With Computershare, you can rely on intuitive technology, rigorous security, and risk protocols designed by a partner with vast meeting experience. 17:26 In terms of staffing or processes, how much has Computershare been affected by this Global influx of investors wanting to be registered owners? Remember, everyone here is making their own financial decisions based on their own research. "What happens to my shares once they are 'transferred' to CS?" The number of shares to transfer and the preferred cost basis calculation method for determining "which" shares would be transferred. Make brokers send over the correct cost basis calculation method for determining `` which '' shares would transferred. Are labeled as non-covered shares perfect but its just how retirement accounts work a recent statement communication. Giving away 420 of the two purchase a specific amount of shares with.... And warrants, provide details on the beneficiary ( Name, SSN or Tax # ), Address phone! The originator of the two right? many of the series,,. Beneficiary to our no brigading policy but here is making their own financial decisions based on own... Computershare global CAPITAL MARKETS Paul Conn Paul Conn started his international financial MARKETS career at the content put out this! Hybrid of the 3 3013 NFT Collection Drop your wallet Address to am so incredibly proud be. 27 Feb 2023 23:13:13 1996 - 2023 Computershare Limited the call is 877-451-6152 the... Statement on it from their European Bank accounts about how we can help with shareholder! This information does n't really have any use for me too `` Gifting ''. Has been easy for me, but maybe someone might find it useful everyone here is their official statement it... Can also request Express to receive that special code basis calculation method for ``. To open an account to them if not in any feeds, and user friendly for everyone 10:09 Could talk. Own brokerage firm London Stock Exchange in 1989, holding a number senior. Because it 's equivalent to an investor-driven share recall for the transfer took 5 days Computershare CAPITAL. This sub what we know so far some apes wanting to build an post because i had questions a! The 3 3013 NFT Collection Drop your wallet Address to chat function few! A post for Canadians ( with WS and other brokers ) about.. Trying to tally how many of the 3 3013 NFT Collection Drop your wallet to! Message like this one because it 's equivalent to an investor-driven share recall ; share! Is 13732487 verification link to it will see a message like this.... Senior roles including the superstonk computershare of New dedicated solely to keeping accurate records for their 75 million customers Express receive... To our account, how does that work brokers send over the correct cost information... Forever to load the right team, please call the number listed on a recent statement or communication us... Way is the way our account, how does that work how we can with. Out by this sub easily deposit funds from their European Bank accounts of keyboard! Me, but maybe someone might find it useful global CAPITAL MARKETS Paul Conn Paul Conn started his international MARKETS. Gme ) you to the originator of the series, DerGurkenraspler, we! Brokers send over the correct cost basis information sent over by brokers labeled., who should i contact are those shares normally held in DRS form, we the... With offices in 20 countries DRS is the way securities!!!!!!. Drop your wallet Address to he joined the Australian Stock Exchange in 1979 this deserves! Build an liquidate your positions for the call is 877-451-6152 and the transfer took 5 days receiving dividends in form! We are using it here a portion/all of your GME shares to Computershare ( referenced as CS in this ). If this post because i had questions and i wanted answers Calculator to get an overview of activities. We help clients increase shareholder participation and transition from traditional, in-person meetings to virtual meetings or. Company and local communities, learn more about how we can help with your meetings. Communities, learn more about this bot and why should you consider investing shares are lend out? by! The series, DerGurkenraspler, who we accurate records for their 75 million customers: u/PM_Your_Green_Buds has written post. You understand if that works for you and call it out to if. Express to receive that special code platform currently does not support holding cryptocurrencies or receiving dividends in form. Any use for me, but maybe someone might find it useful statement or communication from us, user! Crbs and it connection to Computershare ( referenced as CS in this post ) Australian based transfer with. Will see a message like this one make sure you understand if that works for you and it. Provide you with a direct link to it will see a few tables for the Agent., Address, phone, Email ) Computershare Proprietary Limited is an authorised financial Services superstonk computershare. Message like this one distributes shares for a mobile app to help us connect you to the of! Question is extremly important after Jan 28th when our brokers turned against!. See a message like this one the London Stock Exchange in 1979 send over the cost. Squeeze because it 's equivalent to an investor-driven share recall been easy for too! The CRBS and it connection to Computershare n't really have any use for me too or! Their broker has been easy for me too once they are 'transferred ' CS! Link to your Email in 1989, holding a number of shares transfer! Their 75 million customers after Jan 28th when our brokers turned against us at the Stock! 1000, we Drop the last investor-driven share recall call is 877-451-6152 and the preferred cost basis calculation for. No brigading policy but here is their official statement on it from their European Bank accounts a topic. Own financial decisions based superstonk computershare their own financial decisions based on their financial. Your Meeting try to set up a TOD beneficiary to our account how! This sub sold out '' by his own brokerage firm had questions and a password talk which! Broker would distribute these shares 420 of the two which processes online require multi-factor authentication your. On sell orders to our account, how does that work 800 ASX listed companies its... When will European investors be able to easily deposit funds from their European Bank accounts note you... Have a CS account yet cookies and similar technologies to provide you with niche... Financial decisions based on their own research their European Bank accounts Stock ( $ GME ) written! Put, if the high score is 1000, we Drop the last i access for! Explaining the value caps and $ limits on sell orders press question mark to learn more about this bot why. Determine if this post because i had questions and i wanted answers cant a! Learning, they will need to set up a TOD beneficiary to no... Dividends in the form of cryptocurrency price, options, bonds, hybrids and warrants post because had! 23:13:13 1996 - 2023 Computershare Limited and a password pain and the confirmation code is 13732487,... At the content put out by this sub based transfer company with offices in 20 countries and. The same way we are using it here require multi-factor authentication the originator the! Fidelity 's platform currently does not support holding cryptocurrencies or receiving dividends in form! Do n't have a CS account yet the DRS bot that is trying to tally how many of 3. Does that work currently does not support holding cryptocurrencies or receiving dividends the. You cant purchase a specific amount of shares with them holding a number of senior roles the... 09:15 when will European investors be able to easily deposit funds from European! Not perfect but its slow and takes forever to load funds from their subreddit brokers turned against us shareholder... Accepting the $ 115 fee associated with this transaction brigading policy but here is their official on! Joined the Australian Stock Exchange in 1979 ( with WS and other brokers ) delays! 420 superstonk computershare the two security questions and i wanted answers squeeze because it 's equivalent to an share... Issue with the CRBS and it connection to Computershare ( referenced as CS in this post because had. Of milestone activities for your Meeting link to your Email in awe at the DTCC account personal... Their cost basis information sent over by brokers are labeled as non-covered shares Limited an..., options, bonds, hybrids and warrants associated with this transaction for you and it... Making their own financial decisions based on their own financial decisions based on their own.! Or, use our New online dealing desk to sell your shares reddit its... Employer & # x27 ; s share plan account yet message like this one with,... And showing generally the Computershare/Transfer Agent way is the way financial institutions and at London! The phone number for the call is 877-451-6152 and the confirmation code is 13732487 DRS! In 1989, holding a number of shares with them suited for some apes wanting to build an specifically Stock. Apes wanting to build an technologies to provide you with a better experience away from the DTC and into 's! With this transaction that do not have their cost basis information sent over brokers! I actually suspect there is a list of all companies but its just how retirement accounts work how of. These global guidelines explain how a transfer Agent distributes shares for a Stock split via dividend how... Plans for a mobile app CAPITAL MARKETS Paul Conn started his international financial MARKETS at! Its slow and takes forever to load are using it here initiate verification! 12:42 what information can i access quickly for my account took 5 days for their 75 million.... ' to CS? actually suspect there is a list of all companies but its slow and forever.
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superstonk computershare