T+1 Settlement Starts on 28 May 2024

[yogibearbull]

T+1 settlement for stocks/ETFs/CEFs will start on May 28, 2024. This should eliminate the confusion that is possible now with T+1 for mutual funds/OEFs, but T+2 for others.

www.thinkadvisor.com/2024/02/05/t1-starts-in-may-are-you-ready/

[yakers]

Never was confsed but happy to see the shorter settlement time, I suspect that with modern computers it could be shorter (virtuely instant?)still but happy for the direction it ia going.