IBKR & MooMoo declared stock split as a forward split instead as a stock dividend?
$GameStop(GME.US$
Seems like brokers are declaring it as a form of forward split, instead of as a form of stock dividends.
DTCC processed it
Event type: ‘Stock Split’
Processed as ‘Stock split’ instead of ‘Stock dividend’?
Seems like brokers are declaring it as a form of forward split, instead of as a form of stock dividends.
DTCC processed it
Event type: ‘Stock Split’
Processed as ‘Stock split’ instead of ‘Stock dividend’?
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
SimpleIndexOP : Nowhere did IBKR or Moomoo mentioned stock split in the form of stock dividend.
Orangutan : Tesla might be getting the same stock dividend. Might be worth monitoring that if it is treated differently.
https://www.sec.gov/Archives/edgar/data/0001318605/000156459022022992/tsla-pre14a_20220804.htm
Mrsjmunoz : And how are they going to fix it?
SimpleIndexOP Mrsjmunoz: They likely can’t , source of problem is the DTCC but no response from US regulator The SEC .