/gme/How DTC uses DSPP operational buffers vs Pure DRS Book ownership
Quick checklist for everyone transferring from Fidelity to Computershare:
- Shares transferred via DRS from IBKR, Schwab, or Fidelity arrive automatically as Pure Book entry. - If you also bought directly through DSPP (Plan), terminating the plan and selling the tiny fractional leaves 100% whole shares in Pure Book. - Pure Book shares cannot be held at the DTC nominee for 'operational efficiency'.
Every single Book share is one less locate for Wall Street's synthetic short machine.
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