FINRA Advises Retail Customers on Impact of New T+1 Cycle

In an Investor Insight article, titled: "Understanding Settlement Cycles: What Does T+1 Mean for You?" FINRA advised retail customers who do not currently keep their cash and securities with their broker-dealer, to deliver assets required for settlement by the day following trade date.

The investor education article is intended to keep customers informed of the impact of the T+1 rule amendment, scheduled to go into effect on May 28, 2024.