Saturday - November 18, 2017
SEC Issues Statement on T+2 Implementation
September 11, 2017
WASHINGTON, Sept. 11 -- The Securities and Exchange Commission issued the following news release:

Last week, on September 5, 2017, the securities industry successfully implemented a shortened settlement cycle for most securities transactions, pursuant to amendments to Rule 15c6-1 that the Commission adopted earlier this year. The move to a two business day standard settlement cycle - or T+2 - was the product of extensive preparation and coordination among regulators and industry. Th . . .

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