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Technical Notice

Final Reminder - T+1 Settlement

May 22, 2024

Effective Tuesday, May 28, 2024, in accordance with the SEC’s amendments to Exchange Act Rule 15c6-1(a) to shorten the standard settlement cycle from two business days (T+2) to one business day (T+1), FINRA will implement its changes for equity trade reporting. 

Please see DTCC notice for details of the financial industry coordination for this project and FINRA’s initial Technical Notice for this initiative which included updates to its technical specifications.

Please contact FINRA Product Management or call (866) 899-2107 with questions regarding this notice.