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What is registration title on DRS transfer form?

Registration/Title: This how your account is titled with WCST which is found on your Statement of Account. Security (Name, Symbol, or CUSIP}: [The Name and CUSIP is found on your Statement of Account]

How long does it take fidelity to drs?

Typically, 3-5 business days, but funds may be available for trading sooner.

What does DRS shares mean?

DRS (Direct Registration System) is a service offering by The Depository Trust Company (DTC) that provides registered shareholders of the issuer with the option of holding their assets (shares) on the books and records of the transfer agent in book-entry form instead of a physical stock certificate.

What is a direct registration?

A third way to hold securities is through direct registration. This means that the securities are registered directly in your name on the issuers books and are held for you in book-entry form by either the issuer or its transfer agent.

What is a direct registration account statement?

Under DRS, investors can elect to have their securities registered directly on the issuers records in book-entry form. With DRS, the investor does not receive a physical certificate, instead receiving periodic account statements (at least yearly) from the transfer agent or issuer evidencing holdings.

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