SEC Chair Gensler Statement on Upcoming Implementation of T+1 Settlement Cycle¶
U.S. Securities and Exchange Commission. (2024). SEC Chair Gensler Statement on Upcoming Implementation of T+1 Settlement Cycle.
Cited by¶
1 citation across 1 artifact.
Each citation links to the sentence it supports in the citing article.
Domain-specific¶
- Spot Market
- Most U.S. broker-dealer securities transactions, for example, have used a T+1 standard settlement cycle since May 28, 2024, while a foreign-exchange spot transaction ordinarily settles within two business days.
This sourceDocuments the May 28, 2024 transition of most U.S. broker-dealer transactions from T+2 to T+1. <https://www.sec.gov/newsroom/press-releases/2024-62>.
- Most U.S. broker-dealer securities transactions, for example, have used a T+1 standard settlement cycle since May 28, 2024, while a foreign-exchange spot transaction ordinarily settles within two business days.
Verification¶
This reference passed the adversarial substantiation pipeline: it was checked to exist and to support the claim it is attached to. See how references were verified.
Registry ID ref:0db84b22ac64 · see in the full table