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
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Next Taking Stock Wednesday, September 20th - Everything DRS with Bill Pulte and Kevin Mallone!
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Terminate DirectStock (https://www.drsgme.org/terminating-from-directstock)
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Join DRSGME Discord (https://discord.gg/EGvmpdGDm)
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Join Lemmy (https://lemmy.whynotdrs.org/)
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Visit https://www.drsgme.org and https://www.whydrs.org
#Links and Resources
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The UK’s Digitization Taskforce (https://www.gov.uk/government/publications/digitisation-taskforce)
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Full Report from the Taskforce (https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/1168398/digitisation_report.pdf)
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Computershare’s response to the Report:(https://content-assets.computershare.com/eh96rkuu9740/b6d2096ed675446da100e6b5ccbcbc92/1078b3957fdbedbdffbd67ee9278a9c3/SCRR-Digitisation-of-Shareholdings-Discussion-Paper.pdf)
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Shareholder Activism Website and Email Template: (https://www.shareholder-feedback.com/en/home/)
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BibicJr's post, pinned on GMEJungle: https://www.reddit.com/r/GMEJungle/comments/16aqdnn/this_uk_taskforce_is_discretely_pushing_for_a_new/
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Kibblepigeon's post on Superstonk: https://www.reddit.com/r/Superstonk/comments/16de7gy/moass_must_be_close_the_uk_government_are/
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Other example letters: https://www.reddit.com/r/Superstonk/comments/16gi9fk/a_letter_to_uks_hm_treasury_from_a_concerned/
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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SEC Bulletin - Get the Facts about Holding Securities! Plan is not DRS! - https://www.sec.gov/about/reports-publications/investor-publications/holding-your-securities-get-the-facts
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FINRA Bulletin - Know the Facts about Direct Registered Shares! - https://www.finra.org/investors/insights/know-the-facts-direct-registered-shares
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GME 2023 Stockholder List Data
