Securities and Exchange Commission March 29, 2017 – Federal Register Recent Federal Regulation Documents

Securities Transaction Settlement Cycle
Document Number: 2017-06037
Type: Rule
Date: 2017-03-29
Agency: Securities and Exchange Commission, Agencies and Commissions
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'').