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Securities Transaction Settlement Cycle

SEC · final-rule · Published 2017-03-29 · Effective 2017-05-30 · 82 FR 15564

Document

Document number: 2017-06037
Federal Register citation: 82 FR 15564
CFR reference: 17 CFR 240
Type: Rule
Action: Final rule.
Category: final-rule
Agency: US Securities and Exchange Commission
Publication date: 2017-03-29
Effective date: 2017-05-30
Docket: Release No. 34-80295

Abstract

The Securities and Exchange Commission ("Commission") is adopting an amendment to the Settlement cycle Rule (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").

Source

Authoritative: Federal Register document
Machine: JSON-LD · Markdown