Markets

SEC sets challenging deadline on T+1 settlement

By Marie Kemplay
Virginie O’Shea
Virginie O’Shea

Industry preparations for the transition to T+1 settlement for US securities transactions have been underway for more than two years, but nonetheless there are concerns that the SEC’s chosen May 2024 implementation deadline will prove difficult to hit.

On February 15, the US Securities and Exchange Commission ...

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