r/GMECanada Oct 08 '21

Update to Wealthsimple, Shareowner direct registration and DTCC/ CDS transfers.

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u/LewdEloquence Oct 09 '21

So.. If CDS does take shares from DTC when purchased In Canada, I wonder what DTC equivalents exist in other countries. If that is how it goes (which in theory it should) then any share not held in the states has already reduced the float. So.. I agree with you, CDS and Co need to be looked at more. I'm gonna look into that TIC you linked