What certificates or notices of direct registration are not accepted by NBDB? 

National Bank Direct Brokerage does not accept physical certificate deposits and Direct Registration Notices for the following types of securities: 

• Security trading on a U.S. OTC exchange (e.g. Pink Sheet, Grey Market) 
• Security trading on the TSX Venture Exchange in Vancouver or Canadian OTC exchanges (e.g. CSE/CNQ/CNSX, NEX), with the exception of a Direct Listing Notice for a security traded on the TSX Venture Exchange
• Restricted security (legend33, escrow, not negotiable before a date) 
• International security (unless also traded on Nasdaq, NYSE or TSX)
• Warrant or subscription right

To learn more about direct registration notice, see the questions below:

• How do I file a Direct Registration Statement (DRS)? 
• How do I file a share certificate?