April 28, 2021 at 05:32PM

The Securities Industry and Financial Markets Association (SIFMA), the Investment Company Institute (ICI), and The Depository Trust & Clearing Corporation (DTCC) are collaborating on efforts to accelerate the U.S. securities settlement cycle from T+2 to T+1, the organizations announced today.
Sifma, ICI and DTCC collaborate on shortening settlement cycle to T+1 …

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