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Canadian securities regulators adopt final amendments related to shortened settlement cycles for mutual funds

News Financial services English Law & Policy Updates
Date: 23rd May, 2024 Source: Canadian Securities Administrators Country: Canada Original Source

Brief

Toronto – The Canadian Securities Administrators (CSA) today published final amendments that would help mutual funds that voluntarily shorten their trade settlement cycles from two trading days to one (T+1), following the transition by North American securities markets to T+1 settlement this month. The amendments accommodate a range of settlement cycles for mutual funds, including

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Toronto – The Canadian Securities Administrators (CSA) today published final amendments that would help mutual funds that voluntarily shorten their trade settlement cycles from two trading days to one (T+1), following the transition by North American securities markets to T+1 settlement this month. The amendments accommodate a range of settlement cycles for mutual funds, including

This content is restricted.

Canadian Securities Administrators

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