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Re: savagess post# 6437

Friday, 11/09/2018 1:42:51 PM

Friday, November 09, 2018 1:42:51 PM

Post# of 14685
Effective September 5, 2017, the U.S. Securities and Exchange Commission shortened the settlement cycle for transactions in U.S. equities from trade date plus three business days (T+3) to T+2 (Rule 15c6-1(a) under the Securities Exchange Act of 1934 (17 CFR 240)). Common stock acquired in trades settled prior to the ex-dividend date will be entitled to receive the dividend.

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