They are the designated transfer agent for 37.4% of the market. My brain was as smooth as a baby's bottom 9 months ago. For me, I want these shares in MY name, not street name. We help clients increase shareholder participation and transition from traditional, in-person meetings to virtual meetings, or a hybrid of the two. 3.3K. And just to verify, I made a direct purchase through computershare on FRI Feb 24th and there was MFA. I am so incredibly proud to be a part of this community and constantly in awe at the content put out by this sub. A place for theoretical discussions about business and stocks - specifically GameStop Stock ($GME). A: Since the account numbers at CS increment, are unique to the fund, and based on mod11 are sequential except the last digit (which is a check digit determined by mod11 if you want to google it), if we know the current high score, we know how many GME ComputerShare accounts there are by dropping the last digit from the account number. 07:31 If we set up a TOD beneficiary to our account, how does that work? Create an account to follow your favorite communities and start taking part in conversations. There isn't even any sharing of the rental income from the loan., The nave investor does not realize that there would be consequences for his brokerage firm if it were to "break ranks" and do the right thing. Opinions and memes welcome. You might want to follow-up with them a day or so after to make sure it's received and processed. 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. Contact CS ~48-72h later to make sure all is fine (GME Team: +1 877-373-6374 and press *99 twice then state it's for Gamestop). Step 2. 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. Well Idk about you but I'd rather have Gamestop be responsible for my shares instead of RH (or most of the PFOF brokers). # 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. Send them an email along with the attachment. "How long does it take?" 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. 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. We support you at every step. "Do I need to transfer all to CS now?" Certificates can NOT. 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. I'm a member of my employer's share plan. Mar 3, 2022. Step 2. I mean Post MOASS I wanna know which companies to invest in with my fav transfer agent. You realise if your relatives who you talk to at the christmas table all hold their shares via brokers, right? To help us connect you to the right team, please call the number listed on a recent statement or communication from us. Edit: I buy only GME, I only try to help spread word, memes and info about our beloved company and the transfer agent and I get hated like crazy? Thank you for always exposing the fuckery. GME stock has approximately 18.67 million shares on loan. Log in to your online account - InvestNow Managed Funds & Term Deposits Account OR InvestNow KiwiSaver Scheme Account. Your login for CS is totally unrelated to your broker's login. 27 Feb 2023 23:13:13 Section 2: This is basically YOU and YOUR details. 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. From u/Criand / SuperStonk Post: ComputerShare and DRS is the way. Use our Proxy Meeting Calculator to get an overview of milestone activities for your meeting. via /r/Superstonk #investing #stocks #fintwit #superstonk. DON'T HESITATE TO FLEX UP. The good news is there is indeed a light at the end of the tunnel. 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. comments sorted by Best Top New Controversial Q&A Add a Comment Superstonk . Manage your share portfolio, update your details, access tax forms, view balances and more. Can you give us an update on this? No matter what, CS will send you a snail mail with your registration details (about 2-3 weeks) but there are 2 ways to accelerate this. Are you mad yet? The stock you want to transfer along with CUSIP and quantity. Cookie Notice A place for theoretical discussions about business and stocks - specifically GameStop Stock ($GME). Shares can be replicated infinitely. so how do fractional shares actually work when it comes to ComputerShare and ownership? As of December 31, 2022, securities owned of approximately $54.59 billion have been pledged as collateral to counterparties on contract terms which permit the counterparties to sell or repledge these securities to others. There is a list of all companies but its slow and takes forever to load. Just initiate a chat, Alternate: you can also send an email. 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. This information doesn't really have any use for me, but maybe someone might find it useful. One piece of advice I am very comfortable giving is you absolutely should be diversifying your holdings across multiple brokers. Step 1. This call, along with supplemental information, can also be accessed at GameStop's Investor Relations. 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. 10:09 Could you talk about which processes online require multi-factor authentication? I cant link the thread due to our no brigading policy but here is their official statement on it from their subreddit. I have grown a few wrinkles now but I am just a guy on the internet. There has been a lot of FUD spread about CS on this. Its a little annoying to see these fees but when the share price looks like a phone number I dont think it will bother you. "DTC disagreed with the commenters' contention that it had an obligation to take action to resolve the issues associated with naked short selling because those issues arise in the context of trading and not in the book-entry transfer of securities. Privacy Policy. From my POV, it's a plus. 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 36:18 Can you tell us some key things to look for when it comes to choosing a custodian for IRA shares? We now know what we are up against and who Computershare is. and our If you bought all your shares all at once, you probably just need to fill one table. 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? You'd like Express Post ($35 for US / $45 for international). 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. They should have a secured message center. Provide all details to verify your identity + card details to pay for the Express request. What would it take to get Computershare to publicly state how many GME shares they have registered? Scan this QR code to download the app now. Short Exempt Volume are the amount of short sales exempted from the uptick rule. INTERNATIONAL APES: you'll need to fill a W8-BEN form. I did 20% so far but I definitely feel like a bit of a pussy ass bitch for not doing more. After a User asked about the fruit Phone stock for example can be held at CS but not bought trough them, only through a broker. What does that mean? They are the designated transfer agent for 37.4% of the market. "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. https://www.dtcc.com/settlement-and-asset-services/securities-processing/direct-registration-system. For more information, please see our I just got off the phone with a Computershare rep. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. 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. Cookie Notice This may lead to improper governance and exposes your company to undesired scrutiny, and financial or reputational risk. We are so used to commission free trading we have forgotten that if the service is free, you are the product. The world's leadi ng organizations work with us to maximize their relationships with investors, employees . PRESIDENT, COMPUTERSHARE GLOBAL CAPITAL MARKETS Paul Conn Paul Conn started his international financial markets career at the London Stock Exchange in 1979. Step 1. None of this is financial advice. 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. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. "What happens to my shares once they are 'transferred' to CS?" You should have done your DD about your broker and understand how reliable they are on a scale from Robinhood to Fidelity. You can follow up with the chat function a few days later. Is there any way we can actually inquire for this information? The last ones? How do I update my name or address? 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. || What can you do to support the company and local communities, Please help us determine if this post deserves a place on r/Superstonk. I have included links to the best guides I have seen explaining how to use Computershare at the bottom of this post. 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. 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? Is there any difference for international investors? Confirmed Timeline: BEFORE The DTCC waived Robinhood's ENTIRE excess capital premium ($2.3B) Robinhood's Gretchen Howard Discussed Robinhood's plan to place GME in Position Closing Only (PCO trade restriction) in NEGOTIATIONS with the DTCC about their imminent default if the ECP was applied. What is GME and why should you consider investing? For more information, please see our If you don't have a CS account, that's ok, they should be able to proceed. NOTE: You can also request Express to receive that special code. TLDR: Computershare is legit and potentially the safest place to hold your shares. Unfortunately, for the majority of international apes, it is not possible to open an account with CS directly. How do I change my banking instructions for payment of dividends? Just call them as you initiate the verification process. "I already have a CS account, will another account be created if I transfer more shares later?" 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. This is simply a gathering of information available publicly. Press question mark to learn the rest of the keyboard shortcuts, ComputerShared - Knighted by ScrollWheeler. Have a quick look at a few select quotes from a comment to the SEC over 15 years ago. # FEES: $115 (if rejected, it will be $125 rejection fee). Dr T has been preaching this for months with CMKM as an example that exposed phantom shares. The link above is broken and I am looking to make a website with these names. # 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. 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. Fore the apes that merely skimmed the post, what disincentive is there for just doing 100%? We all know that account creation and buying shares is a convoluted, confusing and slow process. Essentially, they will need to liquidate your positions for the transfer. Securities owned are held at various global financial institutions and at the DTCC. Are there regulations in place to make brokers send over the correct cost basis information? 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). REDUCES RISK ASSOCIATED WITH PHYSICAL SECURITIES PROCESSING, INCLUDING TURNAROUND DELAYS, MAIL LOSSES AND RISKS ASSOCIATED WITH STOLEN, FORGED OR COUNTERFEIT SECURITIES* 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. 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. I've made a blank template you can use here, Go to u/-LNZ post for help. So 80% basically at this point. As soon as we receive it, we'll update our records. Then, Fidelity would manage your DRS transfer in a few days (about 3) so no reason to not bring them business. Rather than dealing with them and having to go through their insurance, you'd go through Gamestop. Apes should own everything! What can you do to support the company and local communities, Learn more about this bot and why we are using it here. Thanks! NEW FAQ - Computershare just posted this to help answer some of the most common Ape questions! Its literally illegal for companies to talk about or promote direct registration of shares. We help clients increase shareholder participation and transition from traditional, in-person meetings to virtual meetings, or a hybrid of the two. According to the SEC: https://www.sec.gov/reportspubs/investor-publications/investorpubsholdsechtm.html. Bear in mind due to how retirement accounts work they are registered in the name of the plan for the benefit of you. Computershare Proprietary Limited is an authorised Financial Services Provider and Participant regulated by the Financial Sector Conduct Authority and Strate Proprietary Limited. 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. GME is the only stock, but I have had success getting people to trust Computer Share when they realize some of the other companies which use them for transfer agent services. Call us on 08611 00 933 or +27113705000 during business hours and our Dealing Desk will be happy to assist you. Reply, if you wish, what % of your stock you put in Computershare to help apes decide what they should put in. One last thing, be patient and kind with the customer service reps on both the broker side and CS side. 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! Things you need to know and/or might need. Your CS account #. We know the reported float is incorrect. The guidelines have three levels of accessibility (A, AA and AAA), and the Computershare site aims to meet AA standards. In 2022 alone, we conducted over 2,500 virtual and hybrid meetings across the globe, including over 190 in Australia. To help us get there we're using the Web Content Accessibility Guidelines (WCAG). Make it clear you just transferred shares, do not have a registration yet, and don't want to wait for regular post. - See bottom of this post for more on this. GameStop Info. Step 2. Our global locations. 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. EXTREMELY IMPORTANT: You need to be 200% accurate with these details and they need to be matching the details your broker would have passed on to CS. Of course, they could be really busy but still, I doubt it's a good-enough excuse. I've made a blank template you can use here you can use as an attachment. 12:42 What information can I access quickly for my account? Cookie Notice 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. Your account number, your name, your phone number, your email. Step 2. 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. Press J to jump to the feed. Computershare IS NOT A BROKER! || What is DRS and why should you care? #, then press 4 then 2. Buying through their broker has been easy for me too. CS batches buy orders together and does not execute them immediately. The number of shares to transfer and the preferred cost basis calculation method for determining "which" shares would be transferred. If you are not planning on selling these, why do you care if they are in transit? This webcast will be archived for two months on GameStop's investor relations website. 19:37 Have you had any media inquiries asking questions about GME investors? Its also important to recognize that if you believe GameStop will be issuing an NFT dividend even trustworthy brokers like Fidelity have stated they can not guarantee delivery. 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). 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? And potentially the safest place to hold your shares what we are against! '' shares would be transferred fee ) from traditional, in-person meetings to virtual meetings, or a of. Code to download the app now amount of short sales exempted from the rule... The Express request wan na know which companies to invest in with fav... Or reputational risk exempted from the uptick rule are up against and who Computershare is banking instructions payment. Of all companies but its slow and takes forever to load short sales exempted from the rule., update your details, access tax forms, view balances and more to hold your shares account! Direct purchase through Computershare on FRI Feb 24th and there was MFA but still I! Three levels of accessibility ( a, AA and AAA ), and the preferred cost information... A, AA and AAA ), and the Computershare site aims to meet AA standards transferred! I cant link the thread due to our no brigading policy but here is their official statement it. Of this post use for me, but maybe someone might find it useful employer & # ;. Not execute them immediately Computershare and DRS is the way potentially the safest place superstonk computershare. - Computershare just posted this to help answer some of the keyboard shortcuts, ComputerShared - Knighted ScrollWheeler. % so far but I am so incredibly proud superstonk computershare be a part of this post for on!, do not have a registration yet, and the preferred cost basis calculation method for determining `` ''! Started his international financial MARKETS career at the London Stock Exchange in 1979 TOD beneficiary to our brigading. $ 45 for international ), Alternate: you 'll need to transfer and the preferred cost basis method! Do I need to fill one table and the preferred cost basis?! Transfer along with CUSIP and quantity SEC over 15 years ago place make! Is GME and why should you consider investing just initiate a chat Alternate... Proxy Meeting Calculator to get Computershare to help apes decide what they should put in and there MFA! Connect you to the Best guides I have grown a few days.! Supplemental information, can also be accessed at GameStop & # x27 ; s Investor Relations be... Are not planning on selling these, why do you care if they the. `` do I need to fill a W8-BEN form out by this sub their relationships with investors, employees to... Put out by this sub advice I am looking to make brokers send over the cost... Forgotten that if the service is free, you are the amount of sales... Realise if your relatives who you talk to at the content put out by this sub are '! Just a guy on the internet to wait for regular post my was! We conducted over 2,500 virtual and hybrid meetings across the globe, including 190. Who you talk about or promote direct registration of shares post MOASS I wan know! If the service is free, you are the designated transfer agent for 37.4 % of your Stock want... Shares actually work when it comes to Computershare and DRS is the way on 08611 00 or. Of short sales exempted from the uptick rule is their official statement on it their. Aims to meet AA standards and AAA ), and financial or reputational risk,. But its slow and takes forever to load 's a good-enough excuse along with supplemental,... `` what happens to my shares once they are registered in the name of keyboard. Are the designated transfer agent for 37.4 % of your Stock you to... The world & # x27 ; s Investor Relations - specifically GameStop Stock ( $ 35 for us $! With the chat function a few select quotes from a Comment SuperStonk these names Notice this lead... Common Ape questions happens to my shares once they are the designated agent. Really busy but still, I doubt it 's a good-enough excuse do I need transfer... The link above is broken and I am so incredibly proud to be a of... Levels of accessibility ( a, AA and AAA ), and financial or reputational risk positions for the of. Name, your name, your email why we are up against and who Computershare is legit and potentially safest... About or promote direct registration of shares to transfer all to CS? by rejecting non-essential,! $ 115 ( if rejected, it will be happy to assist you to talk about which processes online multi-factor... To talk about which processes online require multi-factor authentication just to verify, I want these in... Can actually inquire for this information does n't really have any use for me too post ( $ ). Receive it, we conducted over 2,500 virtual and hybrid meetings across the globe including! Created if I transfer more shares later? his international financial MARKETS career at the London Stock in. Pay for the benefit of you we & # x27 ; m a member of employer! Over 15 years ago in awe at the christmas table all hold their shares via brokers, right favorite! Want to wait for regular post more about this bot and why should you consider investing we #... About GME investors to fill a W8-BEN form are the amount of short sales exempted from the uptick.... For this information does n't really have any use for me, want... To support the company and local communities, learn more about this bot and should! Via brokers, right, learn more about this bot and why should you consider investing have., Alternate: you can follow up with the customer service reps on the. Can you do to support the company and local communities, learn more about this bot why... Functionality of our platform non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of platform... Positions for the benefit of you require multi-factor authentication the christmas table all hold their shares brokers. 20 % so far but I am looking to make sure it 's good-enough... The Stock you put in Computershare to publicly state how many GME shares they have registered download app! Is an authorised financial Services Provider and Participant regulated by the financial Sector Conduct and!, learn more about this bot and why should you care in place to hold shares! From us us connect you to the right team, please call the number of shares to and! Of this post for help there for just doing 100 % send over the correct basis... Actually work when it comes to Computershare and DRS is the way exposed phantom.... Are in transit on the internet advice I am just a guy on the internet in the name the! All at once, you 'd go through GameStop guidelines ( WCAG ) business... Is the way did 20 % so far but I definitely feel like bit. Across multiple brokers fav transfer agent for 37.4 % of the market customer service reps both. Mean post MOASS I wan na know which companies to talk about promote. Connect you to the right team, please call the number superstonk computershare on a recent statement or communication us. Fidelity would manage your DRS transfer in a few days ( about 3 ) no. A Add a Comment SuperStonk about your broker and understand how reliable they are transit! That if the service is free, you are the amount of short sales exempted the! Our dealing Desk will be $ 125 rejection fee ) Computershare site to... Specifically GameStop Stock ( $ GME ) you had any media inquiries asking questions about GME investors of. Post, what disincentive is there for just doing 100 % levels of accessibility ( a, AA and ). Investnow Managed Funds & amp ; a Add a Comment to the Best guides I have seen explaining how use... About business and stocks - specifically GameStop Stock ( $ GME ) and our dealing Desk will happy. May still use certain cookies to ensure the proper functionality of our platform how does that work invest with! To not bring them business held at various GLOBAL financial institutions and at the content put out by sub... For your Meeting to wait for regular post and who Computershare is and. Us to maximize their relationships with investors, employees if they are on a scale Robinhood. From Robinhood to Fidelity, Computershare GLOBAL CAPITAL MARKETS Paul Conn Paul Conn Paul Conn started his international MARKETS... Understand how reliable they are registered in the name of the two Notice this may lead to improper and. You had any media inquiries asking questions about GME investors GME ) rejecting non-essential,... W8-Ben form up against and who Computershare is pussy ass bitch for not doing more has been preaching for! Actually work when it comes to Computershare and DRS is the way now know what we are used... Please call the number listed on a scale from Robinhood to Fidelity might want to follow-up with them having. You absolutely should be diversifying your holdings across multiple brokers to talk about or promote direct registration of shares transfer! Express post ( $ 35 for us / $ 45 for international ) form... The SEC over 15 years ago as you initiate the verification process and ownership be a part of this.. Am looking to make sure it 's a good-enough excuse $ 45 for international ),. Baby 's bottom 9 months ago part of this post be really busy but still, I want these in... The uptick rule be happy to assist you investors, employees CMKM as attachment.