I know DRS is done at Odyssey, but can anyone explain the procedure?
My shares are currently with E*Trade but would like to get the DRS going. I keep forgetting to look into it at home on my computer, but here I am at work looking into it on my phone again. I hate doing stuff on my phone lol
Haven’t drs’d DJT yet but have drs’d GME. Call your broker, I use Fidelity, and just tell them you want to direct register your shares and they transfer them for you. If they say there’s a charge, change companies. Fidelity doesn’t charge.
I DRS'd my GME from E*Trade and was able to request the transfer all online.
I've tried calling them before, tremendous hold time. Although that was prior to them being bought by Morgan Stanley, or whomever bought them, I doubt that's changed.
Couldn't hurt to try though, nothing much to do at work this morning.
Thanks, RIB. Which form did you have to complete? I searched for "direct register shares" on eTrade and got about 50 results. The closest one appears to be "Certificate transfer request form". It appears the form must be printed, signed, and mailed/emailed.
I did end up calling them, and surprisingly only sat on hold maybe a minute, and was told to DRS I'd have to call to initiate.
I confirmed my account was a cash account and not margin and that in theory my shares can't be lent out. My limited funds are needed elsewhere ATM but will get them DRS'd soon.