Can I buy Siemens ADRs without using a U.S. Broker?
Yes, you can also buy Siemens ADRs without using a U.S. Broker. You can elect to be a registered Siemens ADR holder by enrolling in Global Invest Direct. Global Invest Direct is a direct share purchase program managed by Siemens’ ADR Depositary Bank JPMorgan. Registered Siemens ADR holders hold their Siemens ADRs on the company’s stock register maintained by JPMorgan, as opposed to beneficial holders who hold their Siemens ADRs with a U.S. registered securities broker. You can find more detailed information on the JPMorgan home page.