SEC Staff Risk Alert Focuses on Preparations for T+1 Settlement
By EsqSocial Corporation 16/04/24
On March 27, 2024, the staff of the SEC’s Division of Examinations issued a risk alert highlighting its intent to focus, during examinations and outreach on market participants’ preparations for the shortening of the standard settlement cycle for most broker-dealer transactions from two business days (T+2) to one business day (T+1) after the trade date, with compliance required by May 28, 2024....
By: Vedder Price