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Settlement Broker-Dealer Rule 15c6-1(a)

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

Mintz - Securities & Capital Markets...

Reminder – T-1 Settlement Starts Tuesday, May 28, 2024

Starting today, Tuesday, May 28, 2024, the amendments to Securities Exchange Act Rule 15c6-1 take effect, shortening the settlement cycle for most broker-dealer securities transactions to the trade date plus one business day...more

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