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As you say, in that setting your cost basis in the shares transferred from the IRA is the fair market value on the date of transfer. And I've never had it come up on this point, but I'm sure you don't need to know the exact minute of the transfer. For gift and estate taxes, and for charitable contributions, the "fair market value on the date of transfer" is the average of the high and low prices for that date.

Resetting it to zero is silly, but the cost basis within the IRA account is not relevant anymore, either.

True, but the transfer to my Margin account needs the exact amount, not the daily average because I am not allowed to convert anything from my IRA to my Roth-IRA until I have taken my full required distribution. And I thought I had, but my broker would not let me do it until I take the last $51. And they, and only they, know what the value of those 100 shares was. I do not need the original cost basis (that they for the most part do not have for some unknown reason), but they surely are in the best position to know the value of the stock at the moment THEY transferred it from one of their accounts to another of their accounts.
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