I have some plan shares from my automatic monthly buys.

Looks like I need to change them to book.

This looks like an interesting article by Peruvian Bull concerning DRS and DTCC.

From a quick glance, it looks like even with DRS, DTCC still has control of your stocks. I'm gonna read more and post quotes that interest me.

u/ObviousStatementMan

u/Keep-America-Great45

From our discussion here

https://greatawakening.win/p/17siEeLfAG/federal-reserve-ended-its-fiat-u/

by the late 1990s the DRS system (also known as DWAC) was put in place, and allowed a direct line from DTC to the transfer agent, allowing shares to be withdrawn from the DTC’s subsidiary Cede & Co which is where basically all certificates are held.

DRS provides investors with an alternative to holding their securities in certificate or “street” form. Under DRS, investors can elect to have their securities registered directly on the issuer’s records in book-entry form. With DRS, the investor does not receive a physical certificate, instead receiving periodic account statements (at least yearly) from the transfer agent or issuer evidencing holdings. Dividend/interest payments, proxy materials, annual reports, etc., are mailed from the issuer or its transfer agent directly to the investor.

6days was holding a DRS book share of Nordstrom, and right before a cash dividend was scheduled to be paid on Nordstrom stock on March 29, he purchased two new plan shares plus a fractional. He was testing if he would receive cash for his book share and dividend reinvestment for his plan shares.

A shocking revelation came soon enough- ALL shares received dividend reinvestment. By buying a single plan share, it enrolled the entire account into the plan and thus even DRS book shares became plan shares.

Yikes. Too many undefined TLA's.

If course the dtcc is complicit. Every regulatory agency is controlled by criminals

i been trying to drs my gme for literal years lol

true crayon eater here