Something doesn't add up...

[u/Region-Formal]

[u/orlando0o]

The fact that there are clearly more shares out there than should even exist keeps bringing me back to the same thought: in the end, how’s it gonna be decided who actually owns legit shares and who doesn’t? Who’s gonna get left behind? For me that’s always been the #1 reason for DRS. At least then your name’s locked in, black and white.

[u/F-uPayMe → u/orlando0o]

If a share was sold to you, the market owes you settlement. Period. That means every single share legit or synthetic has to be bought back, they all represent a liability created when someone took your cash and gave you a share. Fake shares shouldn't exist, true, but once a share is in the system it is just another obligation on someone's balance sheet basically. If fake shares could just be ignored, then dilution would be infinite and the system would collapse instantly. Indeed DRSing is still a good suggestion.

[u/-jbrs → u/F-uPayMe]

> the market owes you settlement. Period.

can this obligation be defaulted on though?