Direct Registration System
Definition: [crh] A system that allows shareholders to hold stock in book-entry form registered in their name on the books of the cDefinition: ompany. At any time, the shareholder may request a certificate which will be provided free of charge. Shareholders have the option to sell shares either through the company (or its transfer agent) or through a broker. The advantage to the shareholders is that they can directly participate in company or transfer agent sponsored plans that are usually only available to registered shareholders, while still maintaining the a tie to their brokers.
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