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Final Rules Securities Transactions Securities and Exchange Commission (SEC)

Seward & Kissel LLP

SEC Shortening of Securities Transaction Settlement Cycle to Take Effect

Seward & Kissel LLP on

On February 15, 2023, the Securities and Exchange Commission (the “Commission”) adopted final rule amendments to shorten the standard settlement cycle for securities broker-dealer transactions from two business days after the...more

Kelley Drye & Warren LLP

Upcoming Compliance Date: The T+1 Settlement Cycle

The Securities and Exchange Commission (the ​“SEC”) adopted changes to Rule 15c6-1 under the Securities Exchange Act of 1934, as amended on February 15, 2023, to shorten the standard settlement cycle from T+2 to T+1. See 17...more

Troutman Pepper

OCC Advises Banks on How to Prepare for Shortening the Standard Securities Settlement Cycle

Troutman Pepper on

On January 17, the Office of the Comptroller of the Currency (OCC) issued a bulletin advising banks on how to prepare for the upcoming shortening in the standard securities settlement cycle for most U.S. securities...more

Mayer Brown Free Writings + Perspectives

SEC Adopts Final Rules Removing Credit Ratings References from Regulation M

On June 7, 2023, the US Securities and Exchange Commission (the “SEC”) unanimously adopted final rules amending Regulation M (the “Final Rules”) to remove its references to credit ratings, replace them with alternative...more

Mayer Brown Free Writings + Perspectives

SEC Adopts Final Rules to Remove and Replace Credit Ratings References in Regulation M

During this yesterday's open meeting of the U.S. Securities and Exchange Commission (the “SEC”), the Commissioners unanimously voted to adopt amendments to remove references to credit ratings from Regulation M, and replace...more

Katten Muchin Rosenman LLP

SEC Adopts T+1 Settlement Cycle - Capital Markets Compass | Issue 6

On February 15, 2023, the Securities and Exchange Commission (SEC) adopted amendments to Exchange Act Rule 15c6-1, including an amendment that decreased the standard settlement cycle for most broker-dealer transactions in...more

Kramer Levin Naftalis & Frankel LLP

SEC Adopts T+1 Settlement Cycle

On Feb. 15, the Securities and Exchange Commission (SEC) adopted final rule amendments to Exchange Act Rule 15c6-1 to shorten the standard settlement cycle for most securities transactions from two business days after trade...more

Mayer Brown Free Writings + Perspectives

SEC Adopts Final Rules to Shorten Standard Securities Settlement Cycle From T+2 to T+1

On February 15, 2023, the U.S. Securities and Exchange Commission (the “SEC” or the “Commission”) issued Release No. 34-96930 (the “Adopting Release”), containing final rules (the “Final Rules”) that will shorten the standard...more

Mayer Brown Free Writings + Perspectives

Comment Letters on Proposed Rules on SPACs

On March 30, 2022, the US Securities and Exchange Commission (“Commission”) proposed new rules and amendments to existing rules and forms (the “Proposed Rules,” see summary) addressing the treatment of initial public...more

McDermott Will & Emery

Capital Markets & Public Companies Quarterly: New Developments in 2017

McDermott Will & Emery on

The first quarter of 2017 saw quite a few new developments in the Capital Markets & Public Companies regulatory landscape. President Trump’s nominee to be the new Chair of the Securities and Exchange Commission (SEC), Jay...more

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