T+1 Settlement Coming May 28, 2024 | Shearman & Sterling LLP
On February 15, 2023, the SEC adopted several changes to shorten the standard settlement cycle for securities transactions to T+1 effective May 28, 2024...
Source: jdsupra.com
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SEC Standard Settlement Cycle for Broker-Dealer Transactions
SEC proposed rule would shorten the process of confirming and affirming trade information necessary to prepare a transaction for settlement and add a new requirement for central matching service providers to facilitate the achievement of straight-through processing
Source: natlawreview.com