Lemmy.World

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The World's Internet Frontpage Lemmy.World is a general-purpose Lemmy instance of various topics, for the entire world to use.

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founded 1 year ago
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original post



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This is an automated archive made by the Lemmit Bot.

The original was posted on /r/Superstonk by /u/pigUw on 2023-07-17 20:37:32.


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Now that SEC bulletin confirms that shares need to be Book to be fully yours, not Plan.

  • Purchases made through the issuer (or its transfer agent) of securities you intend to hold in DRS are usually executed under the guidelines of an issuer’s stock purchase plan, which uses a broker-dealer to execute the orders. Thus, to hold in DRS once the securities are acquired, you would need to instruct the transfer agent to move the securities from the issuer plan to DRS.

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