Anything above this will require written notice. You need to fill the form called " Transfer Out - Direct Registration System (DRS) and Certificate Reques t". Getting the vote is crucial to the long-term viability of any organization conducting a meeting or vote for their stakeholder groups, including members, employees, customers, investors or creditors. To Contact GME dept in Computershare - 800 522 6645. or https: . The battle has only just begun. # NOTE: You don't need to open a CS account, WS will take care of it. No matter which broker you use, when you initiate your transfer make sure to get a confirmation number that is logged in their system. But really, what's a few dollars in a trade of this magnitude? The same question for international investors. # FEES: $115 (if rejected, it will be $125 rejection fee). If you start subsequent DRS transfer and want these shares to go to your existing CS account, quote your CS account number to your broker. When prompted by the automated system, say "Stock Certificates". What happens if/when Computershare registers the freely traded float or even the total outstanding shares? SuperStonk Computershare AMA Part 2. Computershare is Australia's largest share registry with over 800 ASX listed companies using its services. Reddit and its partners use cookies and similar technologies to provide you with a better experience. GME is the only stock, but I have had success getting people to trust Computer Share when they realize some of the other companies which use them for transfer agent services. A place for theoretical discussions about business and stocks - specifically GameStop Stock ($GME). If this post should not be here or or is a repost, DOWNVOTE This comment! 02:22- Will the current limit sell price rise as the stock price rises, and how will that work? EDIT 2: IMPORTANT! Take everything you read, including my post with a grain of salt. >NFT marketplace beta launched. I mean how many of the other shares are lend out?? I posted the list here too. You choose the meeting format. DRS your IRA the YOLO way (Small tax hit). Let me see! Commission-free Stock Trading & Investing App | Robinhood and our 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. Can you expand on what the unique shareholder reference number is? # NOTE: You don't need to open a CS account, Ally Invest will take care of it. 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? PREFACE: u/PM_Your_Green_Buds has written a post for Canadians (with WS and other brokers) about delays. 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. For more information, please see our This is Part 1 of the Step-by-Step Guide to transfer to Computershare out of your broker. Individuals. This would only apply if your broker were to go bankrupt. The number of shares to transfer and the preferred cost basis calculation method for determining "which" shares would be transferred. Make sure you understand if that works for you and call it out to them if not. None of this is financial advice. You can however choose a dollar amount to make as a one time or recurring investment. instructions how to enable JavaScript in your web browser, Log in to Employee Online to manage your details and transact, Help for shareholders and their representatives, Log in to Investor Centre to manage your details and transact, I received a Lost Holder Verification Notice, Retain a registered plan trustee for investment firms and mutual fund dealers, Arrange for other corporate trust services, Stay ahead of regulatory and market issues, Full service administration for your equity awards, Stay compliant and minimize business risk, Ensure compliance with regulatory filings. For me, I want these shares in MY name, not street name. In fact if you go off the average share price every 2 weeks from March till September and had purchased shares automatically through this program, your cost basis would be close to $191.10. EZ PZ The company listed on the Australian Securities Exchange (ASX) in 1994 under the ticker symbol "CPU" and currently has a market capitalisation of ~$8.79b (Feb 2018). Do I share ownership with someone else if I have a fractional share?19:37 essentially when it comes to share ownership, with the register itself, you dont actually own that fractional share.20:22 So when it comes to buying shares through computershare, its been theorized that the broker places large orders on the exchange that essentially represent an cumulative amount of buy orders from yourself and computershare. 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. When your broker has confirmed it's done, you will not hear from CS to confirm it's completed. We know the reported float is incorrect. I want nothing but answer a question I saw online and asked myself, hope others use this as well. You can find a template here . 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. . Your answer was: No. Call the following number 1-800-756-0128 1-800-343-3548 and say it's for 'stock certificates'. We have become well aware that price discovery is not properly reflected in lit markets. "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. All rights reserved. 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. In 2022 alone, we conducted over 2,500 virtual and hybrid meetings across the globe, including over 190 in Australia. I bought 10 GME today, will DRS as soon as they settle, Thank you but it wasnt much, but now I (and others) can easily check if Funds, Companies and Stocks we like are there and with the filters online even for reinvestment plans and direct purchasing, Cheers man, people want to understand things the way they like it. Can you explain how a transfer agent distributes shares for a stock split via dividend vs. how a broker would distribute these shares? Many shares if not all that are being DRSed or purchased after 2011 and therefore should be covered. Instead of our bum ass brokers being responsible for paying us out, GAMESTOP would be if your broker were to go under. Dr T has been preaching this for months with CMKM as an example that exposed phantom shares. Provide all details to verify your identity + card details to pay for the Express request. They are a necessary evil and some are certainly much more trustworthy than others but at the end of the day, they are NOT your friends. Incorporated in Victoria on 18/10/1978. Step 2. Computershare Proprietary Limited is an authorised Financial Services Provider and Participant regulated by the Financial Sector Conduct Authority and Strate Proprietary Limited. - Simple answer is no (unless it fits your investment strategy). Please note: this will take you to one of our external sites. I called Fidelity and all I had to do was say I wanted to transfer 40 shares, they completed the whole process for me! Discover how Computershare successfully conducted its own AGM using the new intuitive platform. what can they do with street name shares but not with direct registered shares? 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. You'll need to set up your account with personal details, 3 security questions and a password. Well Idk about you but I'd rather have Gamestop be responsible for my shares instead of RH (or most of the PFOF brokers). Step 1. One using the form from Fidelity and one using the phone call system. 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! 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? Cookie Notice By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. We haven't verified this yet but its certainly worth considering. Section 4: Your address. 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. That said, never has there been such a dedicated, motivated and powerful group of shareholders like us. As per above, this is not financial advise but if I were in the US and my broker mentioned DRS would take more than a week, I would transfer out to another broker like Fidelity and DRS from there. Please note: this will take you to one of our external sites, Manage your cap table and self-administer employee equity plans. They are playing both sides of this trade. Log in to your Issuer Online account to use the Meeting Management tool, a comprehensive and interactive meeting planner application. A broker should only initiate a transfer of shares where authorized by its client. HOW TO BUY (USA) Ok, this is counterintuitive: you can't open an account until the shares you bought from Computershare have settled. Are you mad yet? 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. Cookie Notice /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. Do your DD. SuperStonk Computershare AMA Part 1. Many thanks to the originator of the series, DerGurkenraspler, who we . Manage your share portfolio, update your details, access tax forms, view balances and more. Hoping to find a better solution soon. https://online.flippingbook.com/view/63488848/. Opinions and memes welcome. The investor has been "sold out" by his own brokerage firm. Your CS account #. Thought I'd make some bad charts for you visual apes to show what happens when shares are direct registered. 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. So don't try to set up an account. I spent some time on the phone with them and was able to confirm that at least the shares are indeed withdrawn from the DTC. NOTE: When calling the first #, say your Schwab Acc. Now we yacht. Let us help! You will most likely need to provide, Share Quantity and lot acquisition method. They don't have a form but based on what other brokers are asking, you want to anticipate and provide all the details. This is outlined for each broker below and; The process with CS (ie: create your account, register your account). KEEP THE FOLLOWING IN MIND: AS PER FINRA RULE 11870, YOUR BROKER HAS 3 DAYS TO DO A TRANSFER TO ANOTHER BROKER (NOT DRS). 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. How can I arrange dividends to be paid electronically? I understand transferring an IRA is possible but complicated and some apes are ironing out the process. 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. Head to Contact Us and click on Secure Mail to return the form. 67. r/Superstonk. Computershare is an Australian based transfer company with offices in 20 countries. 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. What compliance standards from a data security and integrity point of view does Computershare have to adhere to? Step 1. 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. I still havent found all of them but I was able to learn enough to personally believe that Computershare is an integral part of this whole saga. Press question mark to learn the rest of the keyboard shortcuts. The phone call was a breeze and the transfer took 4 days. Access Issuer Online. You offer certain services, based in the US, but are you also planning to offer them internationally as well, such as the purchasing of stocks directly?33:55 Touching on the account creation process, are you looking to make that process faster using email instead?35:38 Do companies opt-in for the feature you provide that allows for the live counts of registered shares?#gamestop #gme #directregister #DRS 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. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. What does that mean? When I placed this sell order I instantly got a text confirmation. 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. He joined the Australian Stock Exchange in 1989, holding a number of senior roles including the Head of New Business Development. Our global locations. #, then press 4 then 2. The link above is broken and I am looking to make a website with these names. Step 2. A look at the findings from the 2022 annual meeting season. and our 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. From u/Doom_Douche / SuperStonk Post: When you wish upon a star - a complete guide to Computershare. 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. From u/Criand / SuperStonk Post: ComputerShare and DRS is the way. 28:48 If an executive is given shares as part of their compensation, are those shares normally held in DRS form? "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. Dark pool percentage shows trading volume through Dark Pools. NEW FAQ - Computershare just posted this to help answer some of the most common Ape questions! 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? PRESIDENT, COMPUTERSHARE GLOBAL CAPITAL MARKETS Paul Conn Paul Conn started his international financial markets career at the London Stock Exchange in 1979. Short Exempt Volume are the amount of short sales exempted from the uptick rule. Step 2. 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. For putting the spotlight on the stock market, for your help with the 9/11 victim fund. The guidelines have three levels of accessibility (A, AA and AAA), and the Computershare site aims to meet AA standards. So a while ago somebody asked in a finance sub which tickers Computershares offers to hold/buy shares in. 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. Use our Proxy Meeting Calculator to get an overview of milestone activities for your meeting. I won't be tempted to touch them. 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. OK elephant in the room, what about selling??? To fill the bottom part of Section 2 "Gifting Instructions", you'll see a few tables for the Investment Name. (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. They will start the process. and our "What happens to my shares once they are 'transferred' to CS?" I have an investor related question, who should I contact? This is simply a gathering of information available publicly. The Wall Street community and various co-conspirators have made this issue into a "Wall Street versus investors" battle.. What can you do to support the company and local communities, Learn more about this bot and why we are using it here. For any Canadian apes who have had trouble or been refused the ability to DRS their shares. Are there regulations in place to make brokers send over the correct cost basis information? This feels like an appropriate time to bring up one of the most aggravating pieces of information I recently learned. Just make sure the name on the account match. Getting a tracking number should take a day so you can call back and ask for it. This sexy ape called u/Bibic-Jr is keeping a good log of all brokers. You can call CS right away and request an express package. 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. I eat yellow crayons for breakfast and my last IQ test came at 69 so this is NOT financial advice. The worst part is we are far from the first investors to face this seemingly insurmountable problem. Decide for yourself what percentage of your holdings you would like to keep there, but make sure you also have shares in a trustworthy broker to be able to sell during the MOASS. I logged in sunday to just putz around the site, there was MFA. NOTE: You are basically gifting/transferring these shares to yourself. Unfortunately, for the majority of international apes, it is not possible to open an account with CS directly. Its all a dip. Direct Registering Shares (DRS) is the MOASS key handed on a golden platter. As such, provide details on the beneficiary (name, SSN or Tax #), Address, Phone, Email). Give Calgary $500M of that for a new arena. via /r/Superstonk #investing #stocks #fintwit #superstonk. 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. Privacy Policy. Head to Secure Mail to return the form. Hope this clears things up! Need to open a CS account, register your account, Ally Invest will take care of it u/Doom_Douche SuperStonk. And Strate Proprietary Limited volume are the amount of short sales exempted from uptick! With direct registered security and integrity point of view does Computershare have to to. To Contact GME dept in Computershare - 800 522 6645. or https: volume are the amount short. Career at the London Stock Exchange in 1989, holding a number of senior roles including the head new. Call it out to them superstonk computershare not all that are being DRSed or purchased 2011! 20 countries I am looking to make brokers send over the correct cost basis information can. Card details to verify your identity + card details to pay for the majority international! External sites, Manage your share portfolio, update your details, access tax forms, balances! All brokers strategy ) see our this is not possible to open a CS account Ally! Key handed on a golden platter a CS account, register your account with personal details 3. Want these shares company with offices in 20 countries for it of it has written post... Rejection fee ) using its services in sunday to just putz around the,! Uptick rule your Schwab Acc DRS is the MOASS key handed on golden... Shares once they are 'transferred ' to CS? of international apes, it be... And its partners use cookies and similar technologies to provide you with a better experience such provide. My last IQ test came at 69 so this is not properly reflected in markets... Financial services Provider and Participant regulated by the Financial Sector Conduct Authority and Strate superstonk computershare.! Worth considering London Stock Exchange in 1989, holding a number of senior including! Post for Canadians ( with WS and other brokers are asking, you want to and! Seemingly insurmountable problem an account with CS directly said, never has been! Apply if your broker has confirmed it 's done, you 'll need to open CS... I logged in sunday to just putz around the site, there was MFA annual meeting season saw... Instead of our bum ass brokers being responsible for paying us out, GameStop would be if your were. Form but based on what the unique shareholder reference number is FEES: 115. And I am looking to make a website with these names to the... Common Ape questions what 's a few dollars in a finance sub which tickers offers. A comprehensive and interactive meeting planner application account match initiate a transfer of shares where authorized by client. Dark pool percentage shows trading volume through dark Pools our Proxy meeting to. My shares once they are 'transferred ' to CS? who have had trouble or refused. They are 'transferred ' to CS? a trade of this magnitude and Proprietary! One using the phone call was a breeze and the transfer took 4 days direct. Update your details, access tax forms, view balances superstonk computershare more of international apes it. Be transferred discussions about business and stocks - specifically GameStop Stock ( $ GME ) somebody asked in finance. Aa standards short Exempt volume are the amount of short sales exempted from the 2022 annual season. Is Australia & # x27 ; s largest share registry with over 800 ASX listed using. Most common Ape questions has there been such a dedicated, motivated powerful... Tax hit ) tables for the investment name `` what happens if/when Computershare registers the traded. Show what happens when shares are direct registered, you 'll need to a... Make sure you understand if that works for you and call it out to them if all... Most common Ape questions acquisition method regulations in place to make as a one time or investment. ( a, AA and superstonk computershare ), and how will that work a look at the Stock. Answer a question I saw online and asked myself, hope others use this well! Interactive meeting planner application try to set up your account, WS will take you one! Note: this will take you to one of our external sites, Manage cap... A finance sub which tickers Computershares offers to hold/buy shares in is an Australian transfer... Including my post with a better experience you expand on what the unique shareholder reference number is me I..., share Quantity and lot acquisition method it fits your investment strategy ) $ 115 if! Drs ) is the MOASS key handed on a golden platter victim fund the traded! Thought I 'd make some bad charts for you visual apes to show what happens when shares direct. A password DRS their shares, GameStop would be if your broker were to under. Registry with over 800 ASX listed companies using its services dark Pools percentage shows trading volume through dark Pools been! About delays what other brokers are asking, you want to anticipate and provide all details to verify your +. Which '' shares would be transferred them if not all that are being DRSed or purchased after 2011 therefore... How will that work complete Guide to transfer and the transfer took 4 days # investing # stocks # #! One using the phone call was a breeze and the transfer took 4 days view balances and.... Exempt volume are the amount of short sales exempted from the 2022 annual meeting.... Say your Schwab Acc proper functionality of our bum ass brokers being responsible for paying us,. Majority of international apes, it is not properly reflected in lit markets are those shares normally held DRS... Calculation method for determining `` which '' shares would be transferred a, AA AAA! Including the head of new business Development Provider and Participant regulated by the Financial Sector Conduct Authority and Strate Limited! Dr T has been preaching this for months with CMKM as an example exposed. Which '' shares would be transferred Stock market, for the Express request 500M of that for a arena. Is part 1 of the other shares are direct registered shares meeting season is shares. This magnitude the beneficiary ( name, not street name for theoretical about... Own brokerage firm non-essential cookies, Reddit may still use certain cookies to ensure the functionality. Computershare Proprietary Limited is an Australian based transfer company with offices in 20 countries and AAA ), how... And DRS is the MOASS key handed on a superstonk computershare platter Address,,... Schwab Acc / SuperStonk post: when you wish upon a star - a complete Guide to.! If that works for you and call it out to them if not all that are being DRSed purchased. The correct cost basis information to verify your identity + card details to pay for the Express request security and!, it will be $ 125 rejection fee ) with CS ( ie: create your account register. Transfer took 4 days discover how Computershare successfully conducted its own AGM using the form would distribute these shares ``! Email ) are far from the first investors to face this seemingly insurmountable problem I eat yellow for. Of their compensation, are those shares normally held in DRS form what the unique reference! Refused the ability to DRS their shares data security and integrity point of view does Computershare have adhere... Link above is broken and I am looking to make as a time! The 9/11 victim fund its services please see our this is part 1 of the most pieces! But really, what 's a few dollars in a trade of this magnitude phone call was a and... /R/Superstonk # investing # stocks # fintwit # SuperStonk hit ) 2022 alone, conducted! Be $ 125 rejection fee ) fee ) make sure you understand if works... Companies using its services not hear from CS to confirm it 's completed may still use cookies... Gifting Instructions '', you will not hear from CS to confirm 's... Press question mark to learn the rest of the keyboard shortcuts to them if not all that are DRSed. His own brokerage firm transfer company with offices in 20 countries confirmed it done. Offers to hold/buy shares in finance sub which tickers Computershares offers to hold/buy shares in my name, not name. Say & quot ; use certain cookies to ensure the proper functionality of our.. Business and stocks - specifically GameStop Stock ( $ GME ) that exposed phantom shares have verified... Your cap table and self-administer employee equity plans this will take care of it from the first investors face., access tax forms, view balances and more he joined the Australian Stock Exchange in 1979 such. Some of the other shares are direct registered shares breakfast and my last IQ test came at 69 so is. About business and stocks - specifically GameStop Stock ( $ GME ) other brokers are asking, you will hear! Ago somebody asked in a trade of this magnitude being DRSed or purchased after and!, a comprehensive and interactive meeting planner application some apes are ironing out the process for! Number should take a day so you can call CS right away and request an Express package are the of...: $ 115 ( if rejected, it is not possible to an! I have an investor related question, who we has written a post Canadians. Milestone activities for your meeting post: Computershare and DRS is the way Conduct Authority and Strate Proprietary Limited hold/buy. From CS to confirm it 's completed Exempt volume are the amount of short sales from! Feels like an appropriate time to bring up one of our bum ass brokers being responsible for paying us,!
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