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REDDIT

Worthless security agent?

D
Jan 20, 2026 · 14:15

Non-transferable fees are assessed when the security no longer has a transfer agent fulfilling electronic transfer requests through the Depository Trust and Clearing Corporation (DTCC). You could always attempt to contact the transfer agent to see if they will support a DRS transfer to hold the shares directly there. If the security is genuinely non-transferable, your only options would be to hold and pay the fees or to sell the position.

Ally started charging a fee for a penny stock i've had for over a decade i can't find anything new about it its still at a penny ironically.

I want to hold onto it anywhere else any agent that I can find to take the transfer in?