SEC Alert! In filing with Federal Register, SEC is adopting rule amendments to shorten the standard settlement cycle for most broker-dealer transactions from two business days after the trade date (โT+2โ) to one business day after the trade date (โT+1โ).
Source: https://public-inspection.federalregister.gov/2023-03566.pdf (277 pages to review)
SUPPLEMENTARY INFORMATION:
First, the Commission is amending paragraph (a) of 17 CFR 240.15c6-1 (โRule 15c6-1โ) under the Securities Exchange Act of 1934 (โExchange Actโ) to This document is scheduled to be published in the Federal Register on 03/