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Rules Eyes As T+1 Settlement Moves Closer

Traders Magazine, June 2001

Gregory Bresiger

Officials of the National Association of Securities Dealers, the Securities Industry Association and the New York Stock Exchange were scheduled to meet this month to discuss what rules should be changed so they will be able to implement a T+1 settlement standard, which may be just a few years from reality.

Each organization has its own priorities in how regulators should mandate a one-day settlement standard.

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