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Draft Rule Amendments to Facilitate Shortening the Settlement Cycle

Summary

SIFMA provides comments to the Municipal Securities Rulemaking Board (MSRB) on changes to MSRB rules to facilitate shortening the securities settlement cycle. The draft amendments are in response to a financial services industry-led initiative to shorten the regular way settlement for equities, corporate bonds, municipal bonds, and unit investment trusts from T+3 to T+2.

See also:
Request for Comment on Changes to MSRB Rules to Facilitate Shortening the Securities Settlement Cycle

PDF

Submitted To

MSRB

Submitted By

SIFMA

Date

10

December

2015

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