Tag: settlement date

SEC approves T+2

by Cydney Posner At an open meeting this morning, the SEC voted to adopt an amendment to Rule 15c6-1 under the Exchange Act to shorten the standard settlement cycle for most broker-dealer transactions from three business days after the trade date (T+3) to two business days (T+2), unless otherwise expressly […]

Cydney Posner / March 22, 2017

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Tag: settlement date

SEC approves T+2