SEC Approves NSCC and NYSE T+2 Rule Proposals
By EsqSocial Corporation 19/01/17
On January 4, 2017, the SEC approved the National Securities Clearing Corporation’s (“NSCC”) proposed rule change to conform to the SEC’s proposed Rule 15c6–1(a) amendment and accommodate a second business day after the trade date (“T+2”) settlement...
By: Morrison & Foerster LLP - Broker-Dealer