Canada launches T+1 Settlement one day before the US

The Canadian Securities Administrators (CSA) today announced that rule amendments supporting the move to a shorter settlement cycle for equity and long-term debt market trades came into force in Canada. Canada has been planning for…

FINRA amends its rules to conform with T+1 settlement cycle

The Financial Industry Regulatory Authority (FINRA) has adopted amendments to conform its rules to the Securities and Exchange Commission’s (SEC) amendments to Rule 15c6-1 and adoption of Rule 15c6-2 under the Securities Exchange Act of…

CySEC reaches €150k settlement with NAGA Markets Europe

The Cyprus Securities and Exchange Commission (CySEC) has reached a €150,000 settlement with NAGA Markets Europe. The meeting where the regulatory decision was made took place in March 2023. However, the decision was announced today….