An SEC and FDIC final rule governing the orderly liquidation of "covered broker-dealers" was published in the Federal Register.
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The SEC and the FDIC finalized a rule governing the orderly liquidation of "covered broker-dealers."
The Office of the Comptroller of the Currency and the FDIC issued a final rule that will shorten the standard settlement cycle for securities transactions from T+3 to T+2.
The FDIC final rule restricting cancellation rights for certain qualified financial contracts was published in the Federal Register.
The FDIC reminded financial institutions of a proposed rulemaking that would shorten the standard settlement cycle from T+3 to T+2 for securities sold and purchased by banks.