SIFMA Supports Accelerating The Settlement Cycle To T+1
<p><span>In a </span><a data-feathr-click-track="true" href="https://www.sifma.org/resources/submissions/shortening-the-securities-transaction-settlement-cycle/">comment letter</a><span> on the SEC’s proposal to shorten the securities transaction settlement cycle from the current trade date plus 2 days (T+2) to trade date plus one day (T+1), SIFMA highlights the benefits of the change, including overall risk reduction, capital optimization, and improvements in post-trade processing efficiency. SIFMA a...