So many news stories saying “Forget Gamestop” yet there is still one single idiosyncratic risk being described in financial reports. The definition of idiosyncratic on dictionary.com is: relating to idiosyncrasy; peculiar or individual. Example: “she emerged as one of the great, idiosyncratic talents of the nineties”

Less than 15 days after Ryan Cohen becomes official chairman of the company, Gamestop is considered an idiosyncratic risk by the Treasury and DTCC. The term “idiosyncractic” can mean peculiar, unusual, or one of a kind.

This further cements to the fact shares are not safe with any broker. An investor who wants to protect their assets should have the shares directly registered under their name to prevent any misuse or wrongdoing. Direct Registration of Shares is the only way to protect assets.

The man in question did not Direct Register his shares. He purchased only through a broker. This helps cement the fact that Direct Registration of shares is indeed the only true way to own shares that protect the investor.

Transfer agent ComputerShare is the official record keeper of shares for many companies including Wal-Mart, McDonalds, Jack in the Box, Gamestop, and many more. Rather than going through a 3rd party (broker) to obtain shares, investors can have the shares directly registered under their name via transfer agent. For Gamestop, this would Computershare. As the […]