Author: Mary Sheridan

US Securities and Exchange Commission building

SEC Adopts T+1 Settlement Cycle

23.03.2023 in Securities Attorneys (Exchange Act)

On February 15, 2023, the U.S. Securities and Exchange Commission (the Commission) adopted final rules under the Securities Exchange Act of 1934, as amended (the Exchange Act) to shorten the settlement for most securities trades from the current two business days after the trade date…