OverThinkMuch
Recycles dryer sheets
- Joined
- May 11, 2016
- Messages
- 313
This SEC press release from Feb 15 suggests we're going to see ETFs and stocks settle in half the time. I think this even means options trades.
https://www.sec.gov/news/press-release/2023-29The 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)
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The compliance date for the final rules is May 28, 2024.