RS announced on Friday and was effective Monday? Something is very wrong with that window as no documentation for a corporate action is announced and submitted on same day and then approved by Finra on Monday. Thats crazy as they don’t even work over the weekends plus the announcement of any corporate action must be announced first before docs can be submitted. Never heard it done on the same day unless you’re a stinky pinky trying to cut corners and get it done as fast as humanly possible but nobody’s getting a corporate action announced on Friday and then approved on Monday by Finra. Maybe 3-4 weeks if you have everything ready to go specifically vote approval.
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