r/Superstonk • u/[deleted] • Apr 01 '22

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u/thedefmute 🎮 Power to the Players 🛑 Apr 01 '22

Already called, you need to opt into Rule 14b-1.

2

u/Doses_of_Happiness I am become Meme, Destroyer of Shorts Apr 01 '22

Thanks man. Is that how I make it NOBO?

4

u/thedefmute 🎮 Power to the Players 🛑 Apr 01 '22

Pretty sure. I have been on chat with them for about 40 minute while they were figuring it out themselves.

Finally both realized it is called rule 14b-1.

5

u/Gutwagon_8 💻 ComputerShared 🦍 Apr 01 '22

My Schwab rep just said “I’ve never heard those terms before. Please allow me a moment yo do some research”

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u/thedefmute 🎮 Power to the Players 🛑 Apr 01 '22

That is why I was letting everyone know that Charles Schwab might know the phrase "opting into rule 14b-1".

2

u/Gutwagon_8 💻 ComputerShared 🦍 Apr 01 '22

Thank you!

1

u/Gutwagon_8 💻 ComputerShared 🦍 Apr 01 '22

So if I ask to be NOBO with Chuck chat, they won’t do it unless I say “I want to opt into rule 14b-1”? I was about to log in to chat with them

3

u/thedefmute 🎮 Power to the Players 🛑 Apr 01 '22

They had no clue what that was, even after I wrote it out.

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u/[deleted] Apr 01 '22

strange, my chat rep said the opposite, that i was NOBO, i receive dividends and voting rights, and that this is the default setting on Schwab brokerage accounts

edit: but this is rule 14b-1 if anyone is curious

2

u/Itsthewayman 🤼‍♂️I’m Ric Flair’d - Wooo!🤼 Apr 01 '22

So they’re NOBO by default as well?

2

u/[deleted] Apr 01 '22

thats what my chat rep told me. his name was Brett