Replies to post #9164 on KCG Holdings (KCG)

[janice shell]

As you say, it won't have any effect on KCG. Why not? Because it's the same ten year old conspiracy stuff. Rubbish then, rubbish now.

The author should have done some actual research.

[AlanC]

I hope it is not removed by administration.

[Militia Man]

Interesting read..

https://www.sec.gov/rules/proposed/2016/34-78962.pdf

SUMMARY: The Securities and Exchange Commission (“Commission”) proposes to amend
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”). The proposed amendment
is designed to reduce a number of risks, including credit risk, market risk, and liquidity risk and,
as a result, reduce systemic risk for U.S. market participants.