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Taking Stock - FAQ and Episode Directory (lemmy.whynotdrs.org)
submitted 1 year ago* (last edited 10 months ago) by [email protected] to c/[email protected]
4 comments fedilink

Welcome to the Taking Stock Community!

What is Taking Stock?

Taking Stock is a weekly podcast focused on different financial topics, and always canted towards evaluating the investing landscape from a pro-retail and advocacy focused perspective. Taking Stock is hosted by members of the Direct Registration volunteer team which host the DRSGME.org and WhyDRS.org advocacy websites alongside this WhyNotDRS Lemmy instance.

What is Direct Registration?

Direct Registration is a method by which investors can choose to plan securities which they have purchased using a broker and at the market under their own name. By default, shares purchased are kept under the name of a central depository called Cede and Co rather than owned in the name of the investor. Direct Registration comes with various benefits such as having an easier time voting, submitting information to the company, preventing share lending without consent, and insulating from broker insolvency.

More info:

SEC Bulletin: Get the Facts! WhyDRS.org Information Packet

Can Taking Stock be found on any major podcast platforms?

Yes, it can! You can follow the DRS podcast "Taking Stock" on the major podcast platforms, and you can also follow the RSS feed directly using the XML file, or check out the GitHub behind the action.

LinkTree to All Major Platforms

XML for RSS Feeds

GitHub

Episode Directory

Taking Stock #1 - The Stockholder List with LawsonDT

Discussion Link / Download Link

Taking Stock #2 - IRAs Deep Dive with Kevin Mallone

Discussion Link / Download Link

Taking Stock #3 - The Markets in Macro with Peruvian Bull

Discussion Link / Download Link

Taking Stock #4 - Autobuys and 606 Reports with 6days1week

Discussion Link / Download Link

Taking Stock #5 - Shareholder Proposals with Chives

Discussion Link / Download Link

Taking Stock #6 - The UK Taskforce with Chives, Bibic and Bellweirboy

Discussion Link / Download Link

Taking Stock #7 - Censorship, DirectStock and the SEC with Bill Pulte and Kevin Malone

Discussion Link / Download Link

Taking Stock #8 - What is a Share? with jackofspades123

Discussion Link / Download Link

Taking Stock #9 - What is a Share? part 2 with jackofspades123

Discussion Link / Download Link

Taking Stock #10 - All About Ownership and The SEC/FINRA Bulletin

Discussion Link / Download Link

Taking Stock #11 – All About Ownership Part 2 – The Links of Ownership

Discussion Link / Download Link

Taking Stock #12 – DRSing From Around The World

Discussion Link / Download Link

Taking Stock #13 – The Birth of The Federal Reserve

Discussion Link / Download Link

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Taking Stock Ep28 – Future of WhyDRS and the Ownership Advocacy Mission (lemmy.whynotdrs.org)
submitted 4 months ago by [email protected] to c/[email protected]
0 comments fedilink

This week on Taking Stock, Chives was joined by John Wooten and together they welcomed open commentary from the community as they discussed the broader aims of WhyDRS and how best to actuate them. The intention to register as a non-profit 501c3 was discussed for the first time, and how that would help realize more potential for ownership advocacy to advance itself. Investors and issuers are self interested to seek a higher ratio of ownership, and the differences between communities are imagined walls. So much more can be accomplished through collective action and drive towards the development of a new market structure, of investors and for investors.

It is a vision that regards the financial empowerment of individuals not as a means to generate profit but as an end in itself. This perspective is inspired by the belief that true progress in financial democratization can only be achieved when the primary motive is the collective welfare of the community rather than individual or corporate gain.

This was just the first time broaching this topic, and we’re looking forward to bringing more people and more investor groups into the conversation.

#Taking Stock #28

Twitter Link:

https://twitter.com/i/spaces/1PlKQDymLakxE

mp3 Link:

https://static.wixstatic.com/mp3/06e09f_183906afe1b94ae4af0ca3ad3ae270a7.mp3

#Important Reminders

#Links and Resources

Future of WhyDRS: https://6d54ae39-63b7-4a30-8aee-9c47d31bcdfc.usrfiles.com/ugd/6d54ae_e9a4d7cd8f964207a420f6d91618ec6e.pdf

On Block Transfer: Main site: https://www.blocktransfer.com/ Yellow Paper: https://blocktransfer.com/.well-known/yellowpaper.pdf White Paper: https://blocktransfer.com/.well-known/whitepaper.pdf

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Taking Stock Ep27 – Issuer Recognition of Naked Short Selling (lemmy.whynotdrs.org)
submitted 4 months ago* (last edited 4 months ago) by [email protected] to c/[email protected]
0 comments fedilink

This week on Taking Stock, Chives and 6days discussed some of the developing narratives in the ownership space. Billionaire attention has started to levy more towards short selling and market fairness, and specifically, Truth Social’s CEO has been bringing attention to the potential market abuse from market makers and encouraging shareholders to move shares to the transfer agent to hold in direct registration. At time of recording, they had released an 8K drawing attention to an update to their FAQ asking shareholders concerned with short selling to hold shares through the transfer agent. A few days later after this recording, they updated the FAQ page again to include the phrase DRS as well.

#Taking Stock #27

Twitter Link:

https://twitter.com/i/spaces/1PlKQDrrXbMxE

mp3 Link:

https://static.wixstatic.com/mp3/06e09f_3e0af50029ff47a9a4ac3e8bd3b3f100.mp3

#Important Reminders

#Links and Resources

https://www.businessinsider.com/elon-musk-short-seller-height-joke-shareholder-trial-2023-1?op=1

https://markets.businessinsider.com/news/stocks/tesla-spacex-ceo-elon-musk-short-selling-should-be-illegal-2019-12-1028733903

https://www.businessinsider.com/elon-musk-sells-red-satin-tesla-short-shorts-2020-7

https://finance.yahoo.com/news/patrick-byrne-final-act-overstock-133613713.html https://www.msn.com/en-us/news/politics/truth-social-owner-trump-media-asks-congress-to-investigate-troubling-market-manipulation-claims/ar-AA1nAhp4

https://twitter.com/sboho/status/1781745474153693363

https://ir.tmtgcorp.com/

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Taking Stock Ep26 - Keep Digging! Refining our Custody Questions (lemmy.whynotdrs.org)
submitted 4 months ago by [email protected] to c/[email protected]
0 comments fedilink

This week on Taking Stock, Chives was joined by 6days1week to talk in more detail about the community-gathered questions sent over to Computershare. A few days before the time of recording, the WhyDRS team was asked by Paul Conn to narrow the questions down. Chives and 6days discuss six of the questions that they found most important, and some of the possible answers to expect. In the show notes below the original set of questions plus the refined smaller list of questions will be linked.

#Taking Stock #26

Twitter Link:

https://twitter.com/i/spaces/1YpJkwmeDLoJj

mp3 Link:

https://static.wixstatic.com/mp3/06e09f_edefe2b40fa343a88e0743f02be758b6.mp3

#Important Reminders

#Links and Resources

Original Set of Questions: https://twitter.com/lawsondt/status/1775544195098218662

High Priority Questions: https://twitter.com/lawsondt/status/1782484625568215302

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Taking Stock Ep25 - Annual Filing Requirements, and What's a Record Holder? (lemmy.whynotdrs.org)
submitted 5 months ago by [email protected] to c/[email protected]
0 comments fedilink

This week on Taking Stock, Chives was joined by Lawson and 6days to discuss the idea of a record holder and what sort of requirements existed for annual reports such as the 10K. This topic came up because GameStop’s 2023 10K had recently released and the record holder information was missing. We reviewed the language and predicted we’d have to see an amendment within about 40 days – but as luck would have it, later in the evening after recording, the amendment was filed. Still a great conversation! Check the links below for relevant legal citation.

#Taking Stock #24

Twitter Link:

https://twitter.com/i/spaces/1gqGvQbAwlRKB

mp3 Link:

https://static.wixstatic.com/mp3/06e09f_5d70598efcd84881b22f2ae74284f1b8.mp3

#Important Reminders

#Links and Resources

10-K Reporting Guidelines - https://www.sec.gov/files/form10-k.pdf

CFR Legal Code on Disclosure - https://www.law.cornell.edu/cfr/text/17/229.201 "Set forth the approximate number of holders of each class of common equity of the registrant as of the latest practicable date."

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Taking Stock Ep24 - Tracking Direct Plan Purchases through Computershare (lemmy.whynotdrs.org)
submitted 5 months ago by [email protected] to c/[email protected]
0 comments fedilink

Taking Stock Ep24 - Tracking Direct Plan Purchases through Computershare

This week on Taking Stock, Chives was joined by 6days1week to talk about his efforts to track direct plan purchases made through Computershare. Investors have the option to buy directly through the transfer agent and can even set up recurring automatic buys to continue accumulating shares of companies they support. These purchases are executed in bulk at the market on a predictable schedule, a framework which could result in less than ideal outcomes for investors in terms of shares received per dollar invested. 6Days prepared some screenshots and graphs to assist in the conversation which are linked in the notes below.

#Taking Stock #24

Twitter Link:

https://twitter.com/i/spaces/1jMKgmZMVXjJL

mp3 Link:

https://static.wixstatic.com/mp3/06e09f_1758f379c10e4573b189b15afb46bc15.mp3

#Important Reminders

#Links and Resources

AMC Plan Purchase Transaction Numbers https://pbs.twimg.com/media/GIk2UcrXYAATWd7?format=jpg&name=900x900

GME Plan Purchase Transaction Numbers https://pbs.twimg.com/media/GIk2UanXsAAjiVk?format=jpg&name=900x900

% Fees for Computershare Purchases https://pbs.twimg.com/media/GIk2UaDXIAAL11v?format=jpg&name=medium

Example Plan Summary Page https://pbs.twimg.com/media/GIk2UZVWoAAjz_i?format=jpg&name=large

Bank Statement showing Transaction Number Information https://pbs.twimg.com/media/GIk2WNUW8AEvFRY?format=jpg&name=900x900

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Taking Stock Ep23 - NYCB and Banking System (lemmy.whynotdrs.org)
submitted 5 months ago by [email protected] to c/[email protected]
0 comments fedilink

Taking Stock Ep23 - NYCB and Banking System

This week on Taking Stock, Chives was joined by Hoose to talk about the term meme stocks, GameStop’s credit card provided through Comenity bank, the banking sector at large, JPMorgan Chase’s plurality of customer deposits, and NYC Bancorp’s needing to be rescued by private equity. Many sources to be found at the bottom of the show notes today.

#Taking Stock #23

Twitter Link:

https://twitter.com/i/spaces/1MnGnMXWZWVKO

mp3 Link:

https://static.wixstatic.com/mp3/06e09f_39335cb95f6a4fae9c8d03e2484a8b75.mp3

#Important Reminders

#Links and Resources

https://www.gamestop.com/TermsConditions.html https://d.comenity.net/ac/gamestop/public/home https://www.cbsnews.com/news/first-republic-bank-fdic-jpmorgan-chase-control/ https://www.nytimes.com/2023/05/01/business/first-republic-jpmorgan-fdic.html https://www.npr.org/2023/05/02/1173247344/with-a-recent-takeover-there-are-worries-jpmorgan-chase-has-grown-too-large https://www.npr.org/2023/03/13/1163138002/the-fdic-insurance-limit-was-last-raised-in-2008-heres-how-it-works https://www.reuters.com/business/finance/jpmorgans-deal-collapsed-first-republic-explained-2023-05-01/ https://www.forbes.com/sites/digital-assets/2024/03/04/us-dollar-collapse-bank-of-america-issues-shocking-1-trillion-every-100-days-warning-amid-huge-bitcoin-ethereum-xrp-and-crypto-price-boom-to-rival-gold/amp/ https://www.marketwatch.com/story/nycb-raises-more-than-1-billion-in-equity-investment-anchored-by-former-treasury-secretary-steven-mnuchins-firm-afdd2363 https://wallstreetonparade.com/2024/03/new-york-community-bancorp-was-jpmorgans-top-regional-bank-pick-for-2024-its-lost-73-percent-y-t-d-and-had-its-deposit-rating-downgraded-to-junk/

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Ep22 - Open Community Discussion Pt 2 (lemmy.whynotdrs.org)
submitted 5 months ago by [email protected] to c/[email protected]
0 comments fedilink

Ep22 - Open Community Discussion Pt 2

This week on Taking Stock we continue the discussion from last week where community members joined and brought up any subject they liked. In this half, crypto and other scarce assets were discussed. John Wooten joined us to talk about his appearance at a recent crypto panel on the subject of investor protections, Chives shared his experience on early crypto lending platforms prior to regulatory oversight, and the group discussed how we can take advantage of new technology while also taking advantage of the century of regulation which can provide needed assistance to retail investors in a market of lopsided influence. TornadoCash and government regulation of open source technologies was also discussed, along with the for and against cases, and lastly John Wooten shared his perspective on the importance of having a central body which would be able to audit trading activity on a blockchain network to add to the discussion around financial regulations.

#Taking Stock #22

Twitter Link:

https://twitter.com/i/spaces/1OyKAWvnBkLJb

mp3 Link:

https://static.wixstatic.com/mp3/06e09f_66444ab9e034405e8c07a2cfce201e57.mp3

#Important Reminders

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Ep 21 - Open Community Discussion Pt 1 (lemmy.whynotdrs.org)
submitted 5 months ago by [email protected] to c/[email protected]
0 comments fedilink

Ep21 - Open Community Discussion Pt 1

This week on Taking Stock we welcomed people from the community to take advantage of the open structure of X spaces and join in to discuss whatever they would like. Topics discussed in this episode included FOIA, volume around earnings, Form 4s, and the concept of a Megacorp. The discussion continued on past the 1 hour mark and so we’ve split it in half, so check out the rest in episode 22!

#Taking Stock #21

Twitter Link:

https://twitter.com/i/spaces/1OyKAWvnBkLJb

mp3 Link:

https://static.wixstatic.com/mp3/06e09f_7e449647365a493b9fa448fbdfd82379.mp3

#Important Reminders

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Ep 20 - DRS Memory Lane (lemmy.whynotdrs.org)
submitted 6 months ago by [email protected] to c/[email protected]
0 comments fedilink

This week in recognition of the Valentine’s Day holiday, Bibic and Chives looked back at the history of the DRS advocacy efforts they have been part of these last two years. From DRSGME’s launch and ad campaigns to WhyDRS and meeting with Chairman Gary Gensler of the SEC it has been an incredible journey – and while we may spend this episode together looking back, every other day is spent looking forward.

#Taking Stock #20

Twitter Link:

https://twitter.com/i/spaces/1LyxBnldBMbxN

mp3 Link:

https://static.wixstatic.com/mp3/06e09f_84d74a56803840efba4988319a73cbd8.mp3

#Important Reminders

#Links and Resources

https://www.drsgme.org/advocacy-campaign https://www.whydrs.org/advocacy https://subredditstats.com/r/drsyourgme

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Ep 19 - A History of Market Crashes (lemmy.whynotdrs.org)
submitted 6 months ago by [email protected] to c/[email protected]
0 comments fedilink

This week on Taking Stock, Bibic and Chives reviewed the history of major financial panics, crashes and bubbles. Across the history of modern financial markets we have witnessed these recurrent events borne from speculation and hubris within the market – but are they all so simple?

#Taking Stock #19

Twitter Link:

https://twitter.com/i/spaces/1yNGaZRegBgJj

mp3 Link:

https://static.wixstatic.com/mp3/06e09f_5796b52233844adf8cfeb7eded976204.mp3

#Important Reminders

#Links and Resources

https://www.dailyfx.com/forex/fundamental/article/special_report/2019/09/27/history-of-financial-bubbles-crises-and-flash-crashes.html https://en.wikipedia.org/wiki/List_of_stock_market_crashes_and_bear_markets https://www.investopedia.com/timeline-of-stock-market-crashes-5217820

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Ep 18 - The Troubles of Centralization in Markets (lemmy.whynotdrs.org)
submitted 7 months ago by [email protected] to c/[email protected]
0 comments fedilink

After last weeks All About Plan discussion, the conversation ended up containing into our community segment where friend of the show John Wooten called in to expound on the broader issues which centralization of power and responsibility in the market have caused. We’re releasing this segment as a standalone episode because while it was not directly related to the main topic it absolutely was a great conversation worth sharing with our audience.

#Taking Stock #18

Twitter Link:

https://x.com/i/spaces/1YpKkwjLllwKj

mp3 Link:

https://static.wixstatic.com/mp3/06e09f_388ad8522fbf433a8b80f926cc6cb673.mp3

#Important Reminders

#Links and Resources

This conversation was impromptu! No prepared links.

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Ep17 - All about investment plans. DSPP, DRIPs and ESOPs, oh my! (lemmy.whynotdrs.org)
submitted 7 months ago by [email protected] to c/[email protected]
0 comments fedilink

This week on Taking Stock, Bibic and Chives were joined by Peruvian Bull, Lawson and 6days1week for an overview of the variety and types of investment plans commonly found in the market today. We pack in the information and were absolutely delighted to have some fellow enthusiasts on the panel.

#Taking Stock #17

Twitter Link:

https://x.com/i/spaces/1YpKkwjLllwKj

mp3 Link:

https://static.wixstatic.com/mp3/06e09f_a706bce408804bcea65f5b57b640bcac.mp3

#Important Reminders

#Links and Resources

Investopedia page on DSPP- https://www.investopedia.com/terms/d/directstockpurchaseplan.asp Investopedia page on ESOP- https://www.investopedia.com/terms/e/esop.asp

SEC Page on DRIP- https://www.sec.gov/fast-answers/answersdrip

Peruvian Bull, LawsonDT and 6days1week on YouTube Part 1: https://www.youtube.com/watch?v=aPEmZ1swPXI Part 2: https://www.youtube.com/watch?v=B7hsjb3OCYs

Plan Purchase Fee Structure: https://imgur.com/a/SOiEYf4 https://imgur.com/a/b53Mz4A

Computershare Purchase Plan Directory: https://www-us.computershare.com/Investor/#DirectStock DirectStock Plan Brochure: https://cda.computershare.com/Content/7bfc0b25-4836-40a4-918c-9a86d658d798 DepotDirect Plan Brochure: https://cda.computershare.com/Content/7083886a-ece0-4e01-b19e-19139dbef686

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Taking Stock #16 - 12/13/23 Taking Stock with John Wooten, Founder of BlockTransfer (lemmy.whynotdrs.org)
submitted 9 months ago* (last edited 9 months ago) by [email protected] to c/[email protected]
3 comments fedilink

This week on Taking Stock, Chives sits down for a full one on one interview with John Wooten. John is a published author, has a series of financial education videos online, and founded BlockTransfer. BlockTransfer is an SEC approved Transfer Agent using a public blockchain called Stellar to track issuer ledgers and investor ownership.

Chives and John talk broadly about the various major issues which plague the modern capital markets, how a perverse incentive system separates working people from their wealth, and the archaic financial tradition which hasn't undergone major rethinking in thousands of years.

This conversation is a whirlwind and you won't want to miss it.

#Taking Stock #16

Twitter Link:

https://twitter.com/i/spaces/1OdJrjdqmjvJX?s=20

mp3 Link:

https://static.wixstatic.com/mp3/06e09f_e983557461d048c7acfcf6db3102cece.mp3

#Important Reminders

#Links and Resources:

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Taking Stock #15 - 11/22/23 History of DRS and Book Entry Holding + Cede-ing Ownership (lemmy.whynotdrs.org)
submitted 9 months ago by [email protected] to c/[email protected]
0 comments fedilink

This week on Taking Stock, Chives and Bibic wrap up this historical miniseries by examining how the vision of the DTC came to fruition and how it impacted the markets at large and how it impacted every day working people. Beneficial ownership has been forced onto everyday investors. The SEC says it's a choice, but when was the last time DRS was offered to you when investing in a company?

Dematerialization and the transition to book-entry (otherwise known as an electronic record) are discussed, alongside the introduction of a new character in the story - The Direct Registration System.

#Taking Stock #15

Twitter Link:

https://x.com/i/spaces/1MnxnMAAvzMJO

mp3 Link:

https://static.wixstatic.com/mp3/06e09f_003f892f9dde4fba969e3e0dbb0596a4.mp3

#Important Reminders

#Links and Resources:

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Taking Stock #14 - 11/15/23 The Birth of the DTC with Surprise Guest John Wooten of BlockTransfer (lemmy.whynotdrs.org)
submitted 9 months ago by [email protected] to c/[email protected]
1 comments fedilink

This week on Taking Stock, Chives and Bibic continue looking back in time, but this week it's to The Great Paperwork Crisis of 1968, which led to the rationalization and birth of The Depository Trust (AKA The DTC). We look at why it made sense for the time, but how it is severely outdated today, and the impact that has on markets.

We also had a surprise special guest join us! John Wooten, founder of BlockTransfer, the first blockchain based transfer agent. We spoke to John about the ins and outs of how a blockchain based transfer agent works as well as a current SEC proposal that will enable API access to Edgar filings. This kind of access will allow developers to create apps to not only help with searching through the Edgar system, but to help make the filings as well.

We'll be having John back on in a future week on December 13th - mark your calendars! If you have any questions you'd like him to be asked, please leave them below.

#Taking Stock #14

Twitter Link:

https://x.com/i/spaces/1YqxoDqLprbKv

mp3 Link:

https://static.wixstatic.com/mp3/06e09f_64b8a51b6fb44d9b93fc72845718b4f1.mp3

#Important Reminders

#Links and Resources:

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Taking Stock #13 – 11/08/23 The Birth of The Federal Reserve (lemmy.whynotdrs.org)
submitted 10 months ago by [email protected] to c/[email protected]
1 comments fedilink

This week on Taking Stock, Chives and Bibic take a trip back in time to the panic of 1907. A panic caused by wealthy people over leveraging themselves, leading to the public trying to take their money back from their respective banks. The same wealthy people that caused the panic decided they needed to protect themselves from future potential bank runs, this led to the creation of the Federal Reserve.

Taking Stock #13

Twitter Link:

https://twitter.com/i/spaces/1djGXNjgddexZ

mp3 Link:

https://static.wixstatic.com/mp3/06e09f_89158b1fc98448fc8d0fd64720b6803b.mp3

#Important Reminders

#Links and Resources

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Taking Stock #12 – 11/01/23 DRSing From Around The World (lemmy.whynotdrs.org)
submitted 10 months ago by [email protected] to c/[email protected]
0 comments fedilink

This week on Taking Stock, Chives and Bibic dive into the various methods and fees to DRS transfer from brokers around the world. Using the information gathered for the 140+ broker guides Bibic has worked on over the past couple of years, many differences and similarities were able to be drawn upon.

If your broker has not been covered by our resources, please reach out and we will be happy to help you through the process.

Taking Stock #12

Twitter Link:

https://x.com/Bibic_Jr/status/1724799152666952068

mp3 Link:

https://static.wixstatic.com/mp3/06e09f_36b48d080c2948edb513074622fced6e.mp3

#Important Reminders

#Links and Resources

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Taking Stock #11 – 10/25/23 All About Ownership Part 2 – The Links of Ownership (lemmy.whynotdrs.org)
submitted 10 months ago by [email protected] to c/[email protected]
0 comments fedilink

This week on Taking Stock, Chives and Bibic follow up from last week's SEC bulletin breakdown with a handy diagram that visualises the 3 different forms of digital shareholdings, and the various forms of ownership associated with them.

It's important to learn what distinguishes each form of holdings as well as each form of ownership from each other. For example, being a beneficial owner, and a registered owner isn't mutually exclusive. You can actually be both at the same time. Listen along or check out the links of ownership page linked below for more information.

#Taking Stock #11

Twitter Link:

https://twitter.com/i/spaces/1vOxwjnyOoMJB

mp3 Link:

https://static.wixstatic.com/mp3/06e09f_281e296345664c0e8817c5cdf0d042d0.mp3

#Important Reminders

#Links and Resources

"Purchases made through the issuer (or its transfer agent) of securities you intend to hold in DRS are usually executed under the guidelines of an issuer’s stock purchase plan, which uses a broker-dealer to execute the orders. Thus, to hold in DRS once the securities are acquired, you would need to instruct the transfer agent to move the securities from the issuer plan to DRS."

“Purchases made through the issuer (or its transfer agent) of securities you intend to hold in direct registration are usually executed under the guidelines of the issuer’s stock purchase plan. You’ll need to instruct the transfer agent to move the securities to the DRS.”

"An investor can, at any time, withdraw all or part of their shares in DSPP book-entry form and have them added to their DRS holding (for example after a DSPP purchase settles) without a fee"

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Taking Stock #10 - 10/18/23 All About Ownership - The SEC/FINRA Bulletin (lemmy.whynotdrs.org)
submitted 11 months ago by [email protected] to c/[email protected]
0 comments fedilink

Twitter link: https://twitter.com/i/spaces/1OwGWweVNWRGQ

This week on Taking Stock, Chives and Bibic are back after last weeks break with another spotlight episode on Ownership. There is so much nuance to straighten out in just a single word! We'll be pulling out the sources so you all can follow along with our logic and conclusions. This conversation needs to be had - and needs to continue being had - in order for everyone to make the holding choice which is best for them.

The regulatory agencies, self regulating organizations, and the transfer agents are all on the same page about the difference in ownership between Plan and DRS. Let's get ourselves on that same page too!

Taking Stock #10

Twitter Link:

https://x.com/i/spaces/1zqJVqyDVZDGB

mp3 Link:

https://static.wixstatic.com/mp3/06e09f_75b2f852796b4908b939a989278c8fa1.mp3

#Important Reminders

#Links and Resources

"Purchases made through the issuer (or its transfer agent) of securities you intend to hold in DRS are usually executed under the guidelines of an issuer’s stock purchase plan, which uses a broker-dealer to execute the orders. Thus, to hold in DRS once the securities are acquired, you would need to instruct the transfer agent to move the securities from the issuer plan to DRS."

“Purchases made through the issuer (or its transfer agent) of securities you intend to hold in direct registration are usually executed under the guidelines of the issuer’s stock purchase plan. You’ll need to instruct the transfer agent to move the securities to the DRS.”

"An investor can, at any time, withdraw all or part of their shares in DSPP book-entry form and have them added to their DRS holding (for example after a DSPP purchase settles) without a fee"

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Taking Stock #9 - 10/4/23 What is a Share? part 2 with jackofspades123 (lemmy.whynotdrs.org)
submitted 11 months ago* (last edited 11 months ago) by [email protected] to c/[email protected]
0 comments fedilink

Twitter link: https://twitter.com/i/spaces/1OwGWweVNWRGQ

This week on Taking Stock, we continued the conversation with Jack where we left off last week - how the separation of voting and economic rights can be realized by actors intentionally using market mechanics, and what downstream effects that can have on retail investors - including the tax implications on regular people from the largest participants in the market.

Taking Stock #9

Twitter Link:

https://x.com/i/spaces/1rmxPMaEkemKN

mp3 Link:

https://static.wixstatic.com/mp3/06e09f_6932bd64e6304293af295a7d2b4733c2.mp3

Itinerary:

https://imgur.com/bwKx3OD

#Important Reminders

#Links and Resources

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Taking Stock #8 - 9/27/23 What is a Share? with jackofspades123 (lemmy.whynotdrs.org)
submitted 11 months ago by [email protected] to c/[email protected]
1 comments fedilink

Twitter link: https://twitter.com/i/spaces/1OwGWweVNWRGQ

This week on Taking Stock, we dove into the economic and voting rights which an investor is granted after purchase, and what assumptions investors make about those rights. jackofspades123 joined us for this deep dive, and we had a great conversation! Jack prepared some slides and sources - these slideshows are linked down below.

Taking Stock #8

Twitter Link:

https://x.com/i/spaces/1mnxepyaRBoJX

mp3 Link:

https://static.wixstatic.com/mp3/06e09f_dfd625ecd0304ea79678517aa478a8b8.mp3

Itinerary:

https://imgur.com/BzfKmKo

#Important Reminders

#Links and Resources

23
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Taking Stock #8 - 9/20/23 Censorship, DirectStock and the SEC with Bill Pulte and Kevin Malone (imgur.com)
submitted 1 year ago* (last edited 1 year ago) by [email protected] to c/[email protected]
2 comments fedilink

Twitter link: https://twitter.com/i/spaces/1OwGWweVNWRGQ

This week on Taking Stock, hosts Lawson, Chives and Bibic were joined by Bill Pulte and Kevin Malone in order to discuss a variety of pressing community topics. Bill and Kevin are two of the larger community figures in our investing advocacy community and they shared their perspectives on dealing with online criticism, with seeking truth, with evaluating the SEC, and on the details of the Plan and Book designation distinctions. There was a lot of passion and a lot of wisdom on display here. It’s great being able to have these discussions, and to know we will always be able to have them on an open platform like Lemmy.

Taking Stock #7

Twitter Link:

https://twitter.com/i/spaces/1OwGWweVNWRGQ

mp3 Link:

https://static.wixstatic.com/mp3/06e09f_9ac4d1b0afb349c1912201d52eeef7e1.mp3

Itinerary:

https://imgur.com/3KB9wRd

#Important Reminders

#Links and Resources

Previous recordings of Taking Stock:

24
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Taking Stock #7 - 9/13/23 The UK Taskforce - Postgame and mp3 file (lemmy.whynotdrs.org)
submitted 1 year ago by [email protected] to c/[email protected]
0 comments fedilink

This week on Taking Stock, Chives and Bibic dove into the recently announced UK Taskforce's action proposal which seeks to explore feasible routes to full dematerialization of share certificates. Not all solutions are made equal, and the proposal's favorite solution involves forcing investors to hold through a centralized depository's nominee rather than holding for themselves and in their own name.

We had a great guest speaker Bellweirboy who joined the call in order to help make sure listeners understood the current impact of the proposal as written, and encouraged collective action through parliament and direct democracy for all UK natives. For everyone else, online comments can be submitted until September 25th 2023.

Taking Stock #7

Twitter Link:

https://x.com/i/spaces/1OdKrzOjlLyKX

mp3 Link:

https://static.wixstatic.com/mp3/06e09f_d2a0d8c46f1f4f47b379e7ea889774cf.mp3

Itinerary:

https://lemmy.whynotdrs.org/post/201103

#Important Reminders

#Links and Resources

https://www.reddit.com/r/Superstonk/comments/16fwpb0/uk_ape_speaking_up_for_investorspotentially/

https://www.reddit.com/r/Superstonk/comments/16bm942/i_do_not_approve_of_you_removing_my_rights/

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Taking Stock #7 - 9/14/23 - The UK Taskforce (lemmy.whynotdrs.org)
submitted 1 year ago* (last edited 1 year ago) by [email protected] to c/[email protected]
0 comments fedilink

#Taking Stock with Bibic and Chives: The UK Taskforce

and the DRS Team

X Space #7 September 13th 2023 4pm EST here: https://x.com/i/spaces/1OdKrzOjlLyKX Host: BibicJr @Bibic_Jr

#Agenda Items

  • Project Updates w/ DRS Team – Chives, BibicJr (5min)
  • Bibic and Chives – The UK government are trying to force investors to hold shares in a broker or other nominee. They want to remove the option to DRS digitally recorded shares entirely, meaning UK investors would no longer be allowed to own their shares. The DRS team break it down, get into the details and highlight what we can do about it (30 min)
  • Public Q&A – please click ‘request to speak’ (25 min)

#Important Reminders

#Links and Resources

https://www.reddit.com/r/Superstonk/comments/16fwpb0/uk_ape_speaking_up_for_investorspotentially/

https://www.reddit.com/r/Superstonk/comments/16bm942/i_do_not_approve_of_you_removing_my_rights/

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Taking Stock

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Taking Stock is a weekly conversation and community Q and A held every Wednesday evening on Twitter spaces, which is focused on:

  1. Discussing and analyzing current and developing market events
  2. Reviewing how investors can reclaim their investments and find sovereignty and safety in the markets.

First we take stock - and then we take stock.

More information coming soon.

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