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What are the advantages/benefits of Direct Registration (DRS)?

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What are the advantages/benefits of Direct Registration (DRS)?

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With DRS, you won’t have the responsibility of safeguarding and keeping track of your valuable stock certificates. DRS eliminates the time and expense of getting them replaced if you can’t find them. DRS provides a more convenient way for you to transfer shares to and from your broker. There is no need to surrender and issue certificates. Distributions, proxy materials, and other important shareholder communications will be sent directly to you.

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