On May 28th, U.S. markets are moving to a one-day settlement cycle, familiarly known as T+1. This move, which returns the settlement time frame back to a point at which it last stood a century ago, will have wide ranging impacts for firms, investors and regulators.
On this episode, we hear from James Barry, Director of Credit Regulation with FINRA's Office of Financial and Operational Risk Policy, Bobby Gomez, a Senior Director with Market Regulation and Transparency Services' Strategic Initiatives team, Mike MacPherson, a Senior Advisor in Member Supervision's Risk Monitoring group, and John Nachmann, Associate General Counsel with the Office of General Counsel's Regulatory Practice, to discuss what all market participants need to be thinking about and testing ahead of the transition.
Resources mentioned in this episode:
Episode 127: Understanding the Unique Risks of Every Firm
DTCC: The Key to T+1 Success Blog
Reg Notice 23-15: Regulation T and SEA Rule 15c3-3 Extension
Technical Notice: T+1 Settlement Testing
FINRA Margin Regulation
FINRA Investor Insight: Understanding Settlement Cycles
2024 Annual Regulatory Oversight Report
Beyond Hollywood: Money Laundering in the Securities Industry
2019 Budget Summary: A Look Behind the Curtain
FINRA’s Point Guard: The Central Review Group
Member Relations & Education: Making Regulation Smarter
CRD Transformation: Enhancing the Registration & Disclosure Process
A Look at the FINRA Institute at Georgetown CRCP Program
The Future of RegTech: The Challenges and Opportunities
The Annual Priorities Letter: A Fresh Take
Behind the Scenes: FINRA's Board of Governors
Bits & Bytes: A Look at Effective Cybersecurity Practices
Insider Trading: Finding the Needle in the Haystack
Millennials and Money: How to Get Started on the Road to Investing
Member Supervision: Introducing Bari Havlik and the Exam Program Transformation
Cybersecurity Awareness Month: Stay Connected and Protected
Debunked: 7 Myths about Millennials—the Underinvested Generation
The New SIE Exam: Opening Doors to the Securities Industry
Sharing Data and Strengthening Compliance
How FINRA Rules Get Made (And Reviewed)
Fintech, Regtech & Suptech: Keeping Up with Industry Innovations
Enforcement Guiding Principles
Create your
podcast in
minutes
It is Free
City Manager Unfiltered
Potencial Americano
The ASIC Podcast
The Chris Plante Show
Strict Scrutiny