Many international brokerages are having issues with the GME dividend. The dividend was a stock dividend of 3 shares for every 1 share you have.
There is a difference between a stock split and a share dividend. Even though at the end of the day your shares will essentially quadruple and the shares price essentially splits to that price.
Right now there is mounting evidence that the DTCC sent communication to brokerages that said to treat it as a stock split and not a dividend.
Shady brokerages have done the “stock split” and not the dividend. Other international brokerages have communicated directly with the DTCC and are demanding the shares as they are treating it as a stock dividend.
So there are a ton of people still waiting for shares to be deposited in their accounts. This is why I have mine directly registered in my name with the official transfer agent.
I hope GameStop Investor Relations steps in.
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