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Research Center : Development

Feb 15,2017 | Bryan Pitko, Dodd-Frank.com, Stinson Leonard Street

SEC Approves T+2 Settlement

On February 10th, the SEC took action to formally approve of changes proposed by the NASDAQ Stock Market, NYSE MKT LLC, and New York Stock Exchange LLC’s, to shorten the standard settlement cycle for most broker-dealer transaction from three business days (T+3) to two business days (T+2).

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