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OCC/FDIC Comments due

October 11, 2017 0

Securities Transaction Settlement Cycle Federal Register summary: The OCC and the FDIC (“Agencies”) are proposing to shorten the standard settlement cycle for securities purchased or sold by national banks, federal savings associations, and FDIC-supervised institutions. The […]

FDIC

Letter offers more details on ‘T+3’ proposal

September 19, 2017 0

A letter alerting Federal Deposit Insurance Corp. (FDIC)-supervised financial institutions to a proposal that would shorten the standard settlement cycle from three to two days for securities purchased or sold has been issued by the […]