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Thursday, 11/02/2023 10:33:55 AM

Thursday, November 02, 2023 10:33:55 AM

Post# of 749756
Bucket 2
Timing and Type of $$$$$
"SHORTENING THE SETTLEMENT CYCLE TO T+1
ABOUT THE EFFORT
The Securities Industry and Financial Markets Association (SIFMA), the Investment Company Institute (ICI), and The Depository Trust & Clearing Corporation (DTCC) are collaborating on efforts to accelerate the U.S. securities settlement cycle from T+2 to T+1.
On February 15, 2023, the SEC adopted final requirements for a May 28, 2024, implementation date for the move to T+1 settlement for transactions in US cash equities, corporate debt, and unit investment trusts."
https://www.dtcc.com/ust1?mkt_tok=NjY5LVFJTC05MjEAAAGPL1C35xYDu8QJRxOKxVAcaGW_2Pq5UIU8MaIsptr1CTo-jKEPYXP8M5Z46ZRXvKVj84y_ATAFZa5Pvl9XfLKIGLJEZBvO-FIIt3JaETOweHOiid3tTK3_Vws
DTCC | Financial Market Infrastructure; Post-Trade Services Provider
DTCC.COM
DTCC | Financial Market Infrastructure; Post-Trade Services Provider
The Depository Trust and Clearing Corporation (DTCC) advances solutions that help markets grow and protect the security of the global financial system.
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