SEC Finalizes Rules to Reduce Risks in Clearance and Settlement
- Written by Newsfile
Washington, D.C.--(Newsfile Corp. - February 15, 2023) - The Securities and Exchange Commission today adopted rule changes to shorten the standard settlement cycle for most broker-dealer transactions in securities from two business days after the trade date (T+2) to one (T+1). The final rule is designed to benefit investors and reduce...