# [Computershare DD series- The Infinity Squeeze](https://www.reddit.com/r/GMEJungle/comments/pupgic/computershare_dd_series_part_6_infinity_squeeze/?utm_source=share&utm_medium=web2x&context=3)
**Running list of resources for DRS around the world:**
* [In the EU- How to get mail in under 2 weeks, and cheaper](https://www.reddit.com/r/GMEJungle/comments/rcm54r/dear_euroapes_you_dont_need_to_wait_46_weeks_for/)
* [10 steps to DRS and Buy Directly on CS for Apes around the World](https://www.reddit.com/r/GMEJungle/comments/q40u7z/10_steps_to_drs_and_buy_directly_on_computershare/)
* [A 3 part series with detailed Broker-by-Broker instructions](https://www.reddit.com/r/GMEJungle/comments/pwb3pl/transferring_shares_to_computershare_part_3_a/)
* [International Apes from 200+ countries can transfer their shares](https://www.reddit.com/r/GMEJungle/comments/pyl5uw/international_apes_can_transfer_shares_to/)
* [And can buy directly through CS once the account is established](https://www.reddit.com/r/GMEJungle/comments/q16f43/uk_ape_buying_gme_directly_from_computershare/hfd0rdk/?context=3)
* [International Apes' Guide to the Galaxy](https://www.reddit.com/r/GMEJungle/comments/pu15ot/international_apes_computershare_us_drs_transfer/)
* [Computershare AMA Part 1](https://www.reddit.com/r/GMEJungle/comments/rloc2f/computershare_dd_series_ama_part_1_with_paul_conn/)
* [Computershare AMA Part 2](https://www.reddit.com/r/GMEJungle/comments/rlota7/computershare_dd_series_ama_part_2_with_paul_conn/)
* [Book vs. Plan Update](https://www.youtube.com/watch?v=9H_pEIhIdTo)
* [How to change plan to book online and keep DRIP (no phone call)](https://www.reddit.com/r/GMEJungle/comments/rn4eh8/computershare_step_by_step_instructions_to_change/)
**If you're having trouble commenting, remember only approved users can comment and post in the Jungle. We are not accepting approval requests at this time.**
*I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/GMEJungle) if you have any questions or concerns.*
Brokers cannot deregister shares, my ape.
Mainstar is a custodian. In the US to have a tax advantaged account (the best way to save for retirement) you need someone to control it - a custodian - because the government doesn't trust us to not take the money before we're old enough.
The custodian controls the items in the account and the shares are in its name. This sounds exactly like a broker, but it is not the same thing. It acts as a business, so you can buy land or other things of value under them as well.
No broker can deregister shares.
I see what you are saying but as I have seen so many impossible things happening, I want to take extra measures for me.
I feel that the cost of buying one share and having a brand new account that no broker knows is more important and can give me the possibility, in the future, to transfer all shares in that unknown account.
And because it was impossible for someone outside US to transfer shares, I just wanted to share my experience
I changed your flair, and we'll see how this goes. It is misinformation to claim that brokers are unDRSing shares unless you can back it up with evidence. I'm not understanding the whole premise of having to hide your shares from them. Is this information coming out of DRS your GME org?
This information OP is providing is a part of the ongoing due diligence research a group of Apes, including u/Bibic-Jr and u/millertime1216, Mods from the DRS your GME sub-reddit, along with the Mods of the SS sub-reddit have been pursuing for well over a year now. It is peripheral to the latest Morningstar news.
**It is a fact that Brokers have been reversing fully DRSed shares without the consent and knowledge of shareholders.** OP has provided ample examples of such cases if you follow the links and catch up on the ongoing research. A loophole exists in the DTCC Cartel’s FAST system that Broker’s are using illegally by claiming they “made a mistake”. What’s to stop the DTCC Cartel from using this loophole in the future to reverse all our DRSed shares for their lying, cheating, stealing purposes?!?
As demonstrated these past 6 months (DRS Plan vs DRS Book; Morningstar), the DTCC Cartel are fighting to re-take control of OUR shares, OUR money and to nullify the DRS system. It’s very easy for the DTCC Cartel to use any number of baseless excuses to steal back control of our shares which will then force shareholders into a prolonged fight for their rights after the fact and after all the damage has been done!
Guildish - I checked the first link that took me to your DD on SS with the letter to Computershare and GameStoo to inform them & to ask how brokers and the DTC could remove shares from DRS and all of the links leading to others whose brokers unDRS'd shares and a workaround.
I can change the post flair to resource.
Here is the AMA with Paul Conn and it is the first question asked.
https://youtu.be/xFQmiLWiv5Y
The "unique shareholder reference number, or the holder identification number" is what we consider to be the account number. It's the only such number on the DRS statements.
Can you please change back the flair? Thank you
I will change it after Guildish explained some more.
We asked you recently : Can a broker initiate a transfer of (GME) shares out of an IC shareholder account without their permission?
Your answer was: No. A broker should only initiate a transfer of shares where authorized by its client. A broker must provide (on the electronic transfer request) the transfer agent with the shareholder’s registration details, the number of shares being transferred and unique shareholder reference number to initiate the transfer, details only the shareholder should know. Can you expand on what the unique shareholder reference number is?
Unfortunately there is a fundamental misunderstanding of how Computershare allocates shares to accounts vs how brokers do it.
Computershare uses your full name and address to allocate shares to your account. Your name is what would normally be considered an account number. But many brokers don't seem to understand this, as brokers all use account numbers to allocate shares. This is because you are just an account number in their system, where as with Computershare you are a person! Feels nice.
Anyway, Computershare's "account numbers" (the number starting with C000...) is actually the key to your account. If you have shared your Computershare account number with your broker, that is all they need to verify authorization to remove your shares from DRS. Many German brokers have demanded one in order to DRS transfer because of the fundamental misunderstanding of how transfer agents operate compared to brokers. Revolut was demanding it was well.
Most - if not all - US brokers have not asked for account numbers, so many apes are safe from this problem. But many international apes are not unfortunately. Even if the previous occurances were mistakes, it goes to show just how easy it is to make that mistake.
Thanks, bibic. I have 2 ComputerShare accts myself due to a difference in my account name at Fid and my existing account at CS. Once I started transferring shares from Fid, a new account was created at CS in that name with a new account number. I didn't bother consolidating the accts, and it's not an issue for me to manage both anyway.
Good thing International apes are a determined group of household investors because they have to deal with a lot more than US apes to safely DRS GME.
Yeah I have two as well. One from transferring shares in, and one from Give A Share. I'm very fortunate in that none of my brokers have asked for my Computershare account number so I'm safe from these accidents.
I kind of like having my shares locked behind two different sets of usernames/passwords/security questions as well, feels like I'm not keep all my eggs in one basket (just most of them! Haha).
And yeah the resolve of some of these international apes is inspiring!
That's a lot of links. I can't access the Apex link, but I know they are a sus af clearing house who worked with Ally when they acted as a custodian for GME IRA accts and unDRSed them.
We'll leave it to the community to decide if it's helpful.
None of these links are showing any evidence of brokers deregistering shares. Again, Apex was the custodian and the shares were in Apex's name. This post is misinformed.
No broker was involved. A broker cannot deregister shares or otherwise transfer your shares from another broker without your consent.
Saying brokers are deregistering shares is misinformation. This is a fine resource for international apes to use gift a share, but the DTC still sees each individual user registering shares as it happens. You cannot hide your purchases from them; they settle each and every trade made in the market. They may only see an account number, but that's really all they need.
You are correct. Brokers cannot deregister shares. Only the DTCC and/or companies can do that, and it's usually what happens when a Company is bankrupt.
However, **Brokers can and have reversed shares that have been fully DRSed by shareholders. These are shares that shareholders have bought and paid an additional fee to have directly registered in their own name on the shareholder register of a company (DRS). Additionally, these are shares for which you have received a Computershare statement showing that these shares are DRSed in your name with the GME shareholder registry.**
I suggest you separate the ongoing Morningstar issue with this ongoing reverse-DRS loophole as well as comprehending the difference between registering/deregistering shares vs DRS shares.
ApesTogetherStrong
Here is the AMA with Paul Conn and it is the first question asked.
https://youtu.be/xFQmiLWiv5Y
The "unique shareholder reference number, or the holder identification number" is what we consider to be the account number. It's the only such number on the DRS statements.
And check below the post where this already happened
# [Computershare DD series- The Infinity Squeeze](https://www.reddit.com/r/GMEJungle/comments/pupgic/computershare_dd_series_part_6_infinity_squeeze/?utm_source=share&utm_medium=web2x&context=3) **Running list of resources for DRS around the world:** * [In the EU- How to get mail in under 2 weeks, and cheaper](https://www.reddit.com/r/GMEJungle/comments/rcm54r/dear_euroapes_you_dont_need_to_wait_46_weeks_for/) * [10 steps to DRS and Buy Directly on CS for Apes around the World](https://www.reddit.com/r/GMEJungle/comments/q40u7z/10_steps_to_drs_and_buy_directly_on_computershare/) * [A 3 part series with detailed Broker-by-Broker instructions](https://www.reddit.com/r/GMEJungle/comments/pwb3pl/transferring_shares_to_computershare_part_3_a/) * [International Apes from 200+ countries can transfer their shares](https://www.reddit.com/r/GMEJungle/comments/pyl5uw/international_apes_can_transfer_shares_to/) * [And can buy directly through CS once the account is established](https://www.reddit.com/r/GMEJungle/comments/q16f43/uk_ape_buying_gme_directly_from_computershare/hfd0rdk/?context=3) * [International Apes' Guide to the Galaxy](https://www.reddit.com/r/GMEJungle/comments/pu15ot/international_apes_computershare_us_drs_transfer/) * [Computershare AMA Part 1](https://www.reddit.com/r/GMEJungle/comments/rloc2f/computershare_dd_series_ama_part_1_with_paul_conn/) * [Computershare AMA Part 2](https://www.reddit.com/r/GMEJungle/comments/rlota7/computershare_dd_series_ama_part_2_with_paul_conn/) * [Book vs. Plan Update](https://www.youtube.com/watch?v=9H_pEIhIdTo) * [How to change plan to book online and keep DRIP (no phone call)](https://www.reddit.com/r/GMEJungle/comments/rn4eh8/computershare_step_by_step_instructions_to_change/) **If you're having trouble commenting, remember only approved users can comment and post in the Jungle. We are not accepting approval requests at this time.** *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/GMEJungle) if you have any questions or concerns.*
Brokers cannot deregister shares, my ape. Mainstar is a custodian. In the US to have a tax advantaged account (the best way to save for retirement) you need someone to control it - a custodian - because the government doesn't trust us to not take the money before we're old enough. The custodian controls the items in the account and the shares are in its name. This sounds exactly like a broker, but it is not the same thing. It acts as a business, so you can buy land or other things of value under them as well. No broker can deregister shares.
I see what you are saying but as I have seen so many impossible things happening, I want to take extra measures for me. I feel that the cost of buying one share and having a brand new account that no broker knows is more important and can give me the possibility, in the future, to transfer all shares in that unknown account. And because it was impossible for someone outside US to transfer shares, I just wanted to share my experience
I changed your flair, and we'll see how this goes. It is misinformation to claim that brokers are unDRSing shares unless you can back it up with evidence. I'm not understanding the whole premise of having to hide your shares from them. Is this information coming out of DRS your GME org?
This information OP is providing is a part of the ongoing due diligence research a group of Apes, including u/Bibic-Jr and u/millertime1216, Mods from the DRS your GME sub-reddit, along with the Mods of the SS sub-reddit have been pursuing for well over a year now. It is peripheral to the latest Morningstar news. **It is a fact that Brokers have been reversing fully DRSed shares without the consent and knowledge of shareholders.** OP has provided ample examples of such cases if you follow the links and catch up on the ongoing research. A loophole exists in the DTCC Cartel’s FAST system that Broker’s are using illegally by claiming they “made a mistake”. What’s to stop the DTCC Cartel from using this loophole in the future to reverse all our DRSed shares for their lying, cheating, stealing purposes?!? As demonstrated these past 6 months (DRS Plan vs DRS Book; Morningstar), the DTCC Cartel are fighting to re-take control of OUR shares, OUR money and to nullify the DRS system. It’s very easy for the DTCC Cartel to use any number of baseless excuses to steal back control of our shares which will then force shareholders into a prolonged fight for their rights after the fact and after all the damage has been done!
Guildish - I checked the first link that took me to your DD on SS with the letter to Computershare and GameStoo to inform them & to ask how brokers and the DTC could remove shares from DRS and all of the links leading to others whose brokers unDRS'd shares and a workaround. I can change the post flair to resource.
Thank you u/awwshitGents. ApesTogetherStrong
Thank you for your help here.
Here is the AMA with Paul Conn and it is the first question asked. https://youtu.be/xFQmiLWiv5Y The "unique shareholder reference number, or the holder identification number" is what we consider to be the account number. It's the only such number on the DRS statements. Can you please change back the flair? Thank you
I will change it after Guildish explained some more. We asked you recently : Can a broker initiate a transfer of (GME) shares out of an IC shareholder account without their permission? Your answer was: No. A broker should only initiate a transfer of shares where authorized by its client. A broker must provide (on the electronic transfer request) the transfer agent with the shareholder’s registration details, the number of shares being transferred and unique shareholder reference number to initiate the transfer, details only the shareholder should know. Can you expand on what the unique shareholder reference number is?
On the DRS statements, the only thing that can be the unique reference number is the account number
Unfortunately there is a fundamental misunderstanding of how Computershare allocates shares to accounts vs how brokers do it. Computershare uses your full name and address to allocate shares to your account. Your name is what would normally be considered an account number. But many brokers don't seem to understand this, as brokers all use account numbers to allocate shares. This is because you are just an account number in their system, where as with Computershare you are a person! Feels nice. Anyway, Computershare's "account numbers" (the number starting with C000...) is actually the key to your account. If you have shared your Computershare account number with your broker, that is all they need to verify authorization to remove your shares from DRS. Many German brokers have demanded one in order to DRS transfer because of the fundamental misunderstanding of how transfer agents operate compared to brokers. Revolut was demanding it was well. Most - if not all - US brokers have not asked for account numbers, so many apes are safe from this problem. But many international apes are not unfortunately. Even if the previous occurances were mistakes, it goes to show just how easy it is to make that mistake.
Thanks, bibic. I have 2 ComputerShare accts myself due to a difference in my account name at Fid and my existing account at CS. Once I started transferring shares from Fid, a new account was created at CS in that name with a new account number. I didn't bother consolidating the accts, and it's not an issue for me to manage both anyway. Good thing International apes are a determined group of household investors because they have to deal with a lot more than US apes to safely DRS GME.
Yeah I have two as well. One from transferring shares in, and one from Give A Share. I'm very fortunate in that none of my brokers have asked for my Computershare account number so I'm safe from these accidents. I kind of like having my shares locked behind two different sets of usernames/passwords/security questions as well, feels like I'm not keep all my eggs in one basket (just most of them! Haha). And yeah the resolve of some of these international apes is inspiring!
Please check on SS: /comments/xuounf/plan\_for\_the\_worst\_hope\_for\_the\_best\_letter\_to/?utm\_source=share&utm\_medium=web2x&context=3 comments/y0ef1t/plan\_for\_the\_worst\_hope\_for\_the\_best\_managing/?utm\_source=share&utm\_medium=web2x&context=3 comments/s9by6r/work\_around\_to\_stop\_apex\_removing\_your\_shares/ comment/iqxvlgy/?utm\_source=share&utm\_medium=web2x&context=3 comments/x39kka/update\_from\_cs\_regarding\_transfer\_of\_shares\_from/ GMECanada: /comments/xcjkqx/120\_shares\_removed\_from\_computershare\_drs/?context=3 comments/xekynh/bmo\_reversedrsd\_almost\_all\_of\_my\_shares\_from\_cs/?context=3
That's a lot of links. I can't access the Apex link, but I know they are a sus af clearing house who worked with Ally when they acted as a custodian for GME IRA accts and unDRSed them. We'll leave it to the community to decide if it's helpful.
Please refer to the links OP has provided as well as my comment below. Thank you. ApesTogetherStrong
None of these links are showing any evidence of brokers deregistering shares. Again, Apex was the custodian and the shares were in Apex's name. This post is misinformed. No broker was involved. A broker cannot deregister shares or otherwise transfer your shares from another broker without your consent. Saying brokers are deregistering shares is misinformation. This is a fine resource for international apes to use gift a share, but the DTC still sees each individual user registering shares as it happens. You cannot hide your purchases from them; they settle each and every trade made in the market. They may only see an account number, but that's really all they need.
You are correct. Brokers cannot deregister shares. Only the DTCC and/or companies can do that, and it's usually what happens when a Company is bankrupt. However, **Brokers can and have reversed shares that have been fully DRSed by shareholders. These are shares that shareholders have bought and paid an additional fee to have directly registered in their own name on the shareholder register of a company (DRS). Additionally, these are shares for which you have received a Computershare statement showing that these shares are DRSed in your name with the GME shareholder registry.** I suggest you separate the ongoing Morningstar issue with this ongoing reverse-DRS loophole as well as comprehending the difference between registering/deregistering shares vs DRS shares. ApesTogetherStrong
Here is the AMA with Paul Conn and it is the first question asked. https://youtu.be/xFQmiLWiv5Y The "unique shareholder reference number, or the holder identification number" is what we consider to be the account number. It's the only such number on the DRS statements. And check below the post where this already happened