/ drs / 2420

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/drs/Street name vs Direct Registration: who actually holds legal title to your shares?

Still seeing newcomers ask why you can't transfer $$GME out of eToro. Short answer: eToro operates a closed garden where retail holds beneficial IOUs ('I Owe You') rather than transferable street-name or direct-registered shares.

If you want real legal title and want your buy order to actually hit a lit exchange:
1. Open a cash account at Fidelity (disable share lending).
2. Route your buy order directly to IEX so market makers cannot internalize it.
3. Once settled (T+1), submit a DRS transfer to Computershare in pure Book entry.

Zero synthetic locates, zero forced stop-losses, 100% in your legal name.

Anonymous | ID: 068e87d7 | No. 2420 | 2026-08-29 19:59:48
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/drs/

>>2420
Did my latest batch of 25 $$GME shares through IBKR -> Computershare last week. Cost $5 and settled in 3 business days.

AuxPoWMiner!wJS5W.LJ | ID: 433edbbf | No. 2421 | 2026-08-29 20:33:50
/drs/

Notice how quiet the shills get whenever someone explains the difference between an eToro IOU and a Computershare Book entry.

Anonymous | ID: c162b989 | No. 2422 | 2026-08-30 00:30:00

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