United States:
Federal Register: SEC Requests Comments On FINRA Proposal To Conform Rules To Shortened T+2 Settlement Cycle
06 January 2017
Cadwalader, Wickersham & Taft LLP
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The SEC requested comments on a
FINRA proposal that would amend various FINRA rules to conform
to an SEC-proposed amendment to Exchange Act
Rule 15c6-1(a). The SEC amendment would shorten the standard
settlement cycle for most broker-dealer transactions from T+3 to
T+2. The request for comments was published in the Federal
Register. Comments on the FINRA proposal must be submitted by
January 18, 2017.
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about your specific circumstances.
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