federal_register: 2016-23890
Data license: Public Domain (U.S. Government data) · Data source: Federal Register API & Regulations.gov API
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| document_number | title | type | abstract | publication_date | pub_year | pub_month | html_url | pdf_url | agency_names | agency_ids | excerpts | regulation_id_numbers |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2016-23890 | Amendment to Securities Transaction Settlement Cycle | Proposed Rule | The Securities and Exchange Commission ("Commission") proposes to amend 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"). The proposed amendment is designed to reduce a number of risks, including credit risk, market risk, and liquidity risk and, as a result, reduce systemic risk for U.S. market participants. | 2016-10-05 | 2016 | 10 | https://www.federalregister.gov/documents/2016/10/05/2016-23890/amendment-to-securities-transaction-settlement-cycle | https://www.govinfo.gov/content/pkg/FR-2016-10-05/pdf/2016-23890.pdf | Securities and Exchange Commission | 466 | The Securities and Exchange Commission ("Commission") proposes to amend 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... |