https://www.reddit.com/r/Superstonk/comments/14pl47h/mainstar_moving_drs_shares_to_dtcc_account/
“Any investments currently held in a DRS position will be moved to Mainstar’s DTCC account.”
So checking Chives’ image: https://i.imgur.com/UjKYZfr.png
So it seems next GameStop Form 10-Q may be minus 1,270,566 shares (from 4/21/2023 shareholder list with 667 Mainstar IRA accounts).
Worth noting that IRA Financial is probably under-represented in the ledger since they typically transfer a client’s shares into the client’s LLC.
For sure, they have started offering a FBO service like Mainstar (which had 3 accounts on the ledger), but it’s becoming clear that the LLC route is the most secure and gives the most control.
I remember the good old days when if you bought something then you owned it and it was yours.
