| 23.07.2024 SEC sends T+1 exam letters |
| B. G., Opalesque Geneva: Over the past week, several registered investment advisers (RIAs) have received examination letters from the Securities and Exchange Commission (SEC) regarding the transition to a T+1 settlement cycle. The T+1 rules, effective from May 2024, require broker-dealers to ensure securities transactions are settled by the next business day (T+1), reports law firm K&L Gate |
| Article source: https://www.klgates.com/SEC-Initiates-Sweep-of-Adviser-on-T1-Compliance-7-19-2024 - Opalesque is not responsible for the content of external internet sites |