By Mary Hevener, Steven Johnson and Anna Pomykala ( March 4, 2024, 5:41 PM EST) -- Effective May 28, following recent changes to U.S. Securities and Exchange Commission and Nasdaq rules, most standard broker-dealer securities transactions will have to be settled within one business day after the deposit/withdrawal at custodian, or DWAC, date, also referred to as the trade date....
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