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The SEC has announced the following change:


Effective Sept 5, 2017 the U.S. Securities and Exchange Commission (SEC) requires all broker/dealers to comply with the new standard securities trade settlement cycle to the second day after a trade is executed (T+2) for equities, corporate and municipal bonds, mutual funds, and other securities which previously settled on the third day after a trade is executed (T+3). There are no changes to the settlement for securities that settle next day (T+1).
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Yup, that last post was about this time of Year, last YEAR!


sunray
a man with a calendar
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& another drive-by post.
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It THREE weeks until Xmas!
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