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’?
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SimpleIndex OP : 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?
SimpleIndex OP Mrsjmunoz : They likely can’t , source of problem is the DTCC but no response from US regulator The SEC .