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T-218 Until T+1: Considerations for Investment Advisers | K&L Gates LLP

Published: October 26, 2023

On 28 May 2024, the settlement period for substantially all transactions in US markets will be reduced by one day, from two business days after the trade date (T+2) to one business day...

Source: jdsupra.com

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United StatesDivision Of ExaminationForeign ExchangeSecurities ExchangeExchange CommissionKl GatesConfirmation ProcessDay ConfirmationSecurities Exchange ActInvestment Advisers ActProcedures Promoting Same Day CompletionRequired ElementsProcedures From RuleSecurities Settlement Cycle