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Securities Transaction Settlement Cycle

The Securities and Exchange Commission (``Commission'') is adopting an amendment to the Settlement cycle Rule (Rule 15c6-1(a)) under the Securities Exchange Act of 1934 (``Excha...

The Securities and Exchange Commission (``Commission'') is adopting an amendment to the Settlement cycle Rule (Rule 15c6-1(a)) under the Securities Exchange Act of 1934 (``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 after the trade date (``T+2'').

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Federal Register Citation

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82 FR 15564

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“Securities Transaction Settlement Cycle,” thefederalregister.org (March 29, 2017), https://thefederalregister.org/documents/2017-06037/securities-transaction-settlement-cycle.