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Posted On: 08/17/2017 12:46:49 PM
Post# of 41414
FYI- just saw this in my Scottrade messages:
"Recently, the SEC approved an industry wide-initiative to adopt a shortened settlement cycle for most trades. The goal of this initiative is to increase efficiency and reduce risk within the marketplace. Starting on September 5, 2017, most security trades will begin to settle in two business days instead of three."
It's about time! IMHO!
HML!
"Recently, the SEC approved an industry wide-initiative to adopt a shortened settlement cycle for most trades. The goal of this initiative is to increase efficiency and reduce risk within the marketplace. Starting on September 5, 2017, most security trades will begin to settle in two business days instead of three."
It's about time! IMHO!
HML!
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