If you make an investment in a company whose books and records are managed by DealMaker Shareholder Services (the “transfer agent”) and it is accepted, your shares will be managed electronically, by entry on the ledger of the company. This is called “book entry”. It eliminates the need for paper certificates, which, if lost, can be very costly to you, the investor. A book-entry statement by itself does not confer any rights to a shareholder; however, it gives you evidence that the purchased securities are registered to your name.
To confirm this digital entry has been made, you will find evidence of your ownership position in your DealMaker Engage account via a book entry statement, otherwise known as a DRS statement.
This answer is specific to clients managed by DealMaker Shareholder Services.
Click here for more information on DRS statements and transferring your shares.
Click here for more information on how to access your DealMaker Engage account and view your book-entry statements.