31 The DRS Mystery - There is a movement to directly register the float of an entire company. But the numbers appear to be stalling- is the DTCC complicit? - By Peruvian Bull (dollarendgame.substack.com) 🔍 Notable posted 272 days ago by CoolAsACucumber 272 days ago by CoolAsACucumber +31 / -0 The DRS Mystery There is a movement to directly register the float of an entire company. But the numbers appear to be stalling- is the DTCC complicit? 10 comments share 10 comments share save hide report block hide replies
Yikes. Too many undefined TLA's.
Give some examples
TLA = Three Letter Acronym
DRS = Direct Registration System (https://www.thebalancemoney.com/what-is-the-direct-registration-system-or-drs-for-stocks-357536)
DTC = Depository Trust Company (https://www.investopedia.com/terms/d/dtc.asp)
Adding FLA's...
FLA = Four Letter Acronym
DWAC = Deposit/withdrawal at custodian (https://www.investopedia.com/terms/d/dwac.asp)
DTCC = Depository Trust and Clearing Corporation (https://www.investopedia.com/terms/d/dtcc.asp)
Thank you fren!