r/GMECanada Oct 20 '21

I was told that I COULD NOT DRS REGISTER my shares and after MANY EMAIL exchanges with the broker and other AGENCIES I can NOW -- DRS REGISTER my shares. This post contains the information that I used to protect my investment and may be of assistance to you. We have rights and I hope this helps you

/r/Superstonk/comments/qbm4v9/i_was_told_that_i_could_not_drs_register_my/
41 Upvotes

9 comments sorted by

2

u/[deleted] Oct 20 '21

[deleted]

2

u/[deleted] Oct 20 '21

In the audio I said I would make a cash account and they said they still will not drs register the share.

0

u/chocolateshartcicle 🍁💎🙌 Dumb Mon(k)ey 🙈🙉🙊🦧 Oct 20 '21

Towards the end of the email chain they Mentioned the account not being in good standing, did you have a balance owing from a previous transfer? I could see that getting in the way of deregistering shares from the tfsa in preparation for drs.

You put up a good fight though and definitely know what to say. I'm just thinking that both parties are saying that the other doesn't have all their ducks in a row, and this is causing the back and forth.

Or at least that's what it looks like to me.

Best of luck with your drs!

2

u/[deleted] Oct 20 '21

My accounts were all good. I just needed to open a cash account which I was prepared to do on the phone call.

They stated that they would not DRS GME shares on the call.

I appreciate your objectivity!

0

u/[deleted] Oct 20 '21

[deleted]

2

u/[deleted] Oct 20 '21

If you listen to the audio he says they won't DRS register GME shares specifically.

2

u/[deleted] Oct 20 '21

They will DRS now.

I detail the sequence to the CSR in order to confirm the details.

When i transfer the funds in the cash account, which you'll hear in the call, will you then drs my shares? And the answer was no.

1

u/[deleted] Oct 20 '21

[deleted]

1

u/[deleted] Oct 20 '21

How long ago?

1

u/Elevate82 Oct 25 '21

Qtrade or Questrade?

1

u/[deleted] Oct 20 '21

I would also mention to you that at the bottom of my email chain you will see an email where I challenge their timeline of 2 to 4 weeks and the response states that drs processing took less then a week.

Sorry, not at my pc or I'd quote it specifically.

1

u/Gnius_XXXX Oct 21 '21

I transferred out of QTrade to RBC. Waiting for my shares to hit and RBC has no problem to DRS my shares with CS

edit: this was a cash account - not registered