April 28, 2017 BY Valentina Kirilova

Canadian Securities Regulators outline steps to support transition to T+2

The Canadian Securities Administrators (CSA) today published two notices outlining amendments to support the transition from a three-day settlement cycle (T+3) for trades in Canada to two days (T+2) on September 5, 2017, consistent with the U.S. Canadian securities regulators are committed to facilitating a smooth transition to the T+2 settlement cycle and to ensuring…

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