CHANGES TO TIME PERIODS FOR REGULAR-WAY SETTLEMENT AND REGULATION T COMING ON MAY 28, 2024

Taking the Series 6 in the near future? If so, then you should know that the SEC has changed the rules governing Regular-Way Settlement from two business days to only one business day. Regular-Way Settlement will be T+1, not T+2. The effective date of this rule change is one week from tomorrow, or May 28, 2024.

Furthermore, the rules of the Fed for payment in both cash and margin accounts now becomes three business days following trade date, or T+3. The former Fed rule was T+4.

Make sure that you know these new rules.

Regular-Way Settlement is important for those planning to sit for the Series 6 Exam. FINRA publishes a Content Outline for the Series 6, and you can find the provisions of Regular-Way Settlement in Section IV (4.1)

Study for the Series 6 Exam is available from Amazon in both paperback and Kindle e-book versions. Here is the link to Bob Eder's Study for the Series 6 Exam on Amazon.

See Bob Eder's Author Page on Amazon.com. 


For questions about Bob Eder's Study for the Series 6 Exam, or questions in general about the Series 6 Exam, or about Regular-Way Settlement, simply email Bob Eder at bobeder@bobeder.net.

Bob Eder received his Juris Doctor (J.D.) degree from the University of Utah, Quinney College of Law, in 2001.

Please consider writing a review of Bob Eder's Study for the Series 6 Exam on both Amazon and Goodreads. Your review is important!


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