Finance › Speeches › Gary Gensler

“Shortening the Settlement Cycle: Benefitting Everyday Investors” Prepared Remarks before the Accelerated Settlement in the U.K. Conference

· Gary Gensler, Chair of the U.S. Securities and Exchange Commission (United States)

Summary written by Dark Majestic in its own words ·

GG
· Gary Gensler Wiki · U.S. Securities and Exchange Commission Wiki“Shortening the Settlement Cycle: Benefitting Everyday Investors” Prepared Remarks before the Accelerated Settlement in the U.K. Conference

ContextSpeech by Gary Gensler, Chair of the U.S. Securities and Exchange Commission.

Why it mattersThe SEC chair shares US experience with one-day settlement as the UK prepares its own move.

Problems raised
  1. Settlement cycles left investors waiting.
  2. Shorter cycles shift foreign currency needs.
  3. Countries move at very different speeds.
Solutions proposed
  1. Benefit everyday investors with T+1.
  2. Learn from other countries' timelines.
  3. Consider whether settlement could go even shorter.
Read full speech on sec.gov ↗

More from Gary Gensler · U.S. Securities and Exchange Commission · all speeches

More speeches by Gary Gensler