SEC Proposes One-Day Settlement Cycle (T+1) And Requests Comments On Same-Day Settlement Cycle (T+0) - Corporate/Commercial Law
On February 9, 2022, the Securities and Exchange Commission (the "Commission") proposed to amend Rule 15c6-1 under the Securities Exchange Act of 1934 to shorten the standard settlement cycle for most broker-dealer transactions ...
Source: mondaq.com