Physical certificates aren't the requirement. The float is administered by computershare. All share not directly held, are held by the DTCC, which are then via the DTCC associated with this broker or that on the DTCC's books, and this investor or that, on the brokerage's books.
By direct registering, and simply transfering from your broker, those shares stop being associated with the broker, with the DTCC, and CS moves them to you directly.
You don't need the physical certificate.
(And the physical printing was stopped because GS asked them to as they work out a new physical system, but that's just an aside)
Did some research. CS has stopped issuing physical certificates. No longer possible.
Physical certificates aren't the requirement. The float is administered by computershare. All share not directly held, are held by the DTCC, which are then via the DTCC associated with this broker or that on the DTCC's books, and this investor or that, on the brokerage's books.
By direct registering, and simply transfering from your broker, those shares stop being associated with the broker, with the DTCC, and CS moves them to you directly.
You don't need the physical certificate.
(And the physical printing was stopped because GS asked them to as they work out a new physical system, but that's just an aside)
They ran out of fancy paper to print them,and they are too busy. You can still directly register your shares.