
SEC Proposes Shortening the Securities Transaction Settlement Cycle
Written by Blake Baron On February 9, 2022, the U.S. Securities and Exchange Commission (SEC) unanimously voted to propose shortening the standard settlement cycle for securities transactions from two days to one. The full proposed rule can be found here and a fact sheet can be found here. According to the fact sheet, the proposal, which aims to reduce risks in the clearance and settlement … Continue reading SEC Proposes Shortening the Securities Transaction Settlement Cycle