February 19, 2022
I fully agree with this proposed rule changes. Shortening the settlement time to T+1 will protect investors, reduce risk, and increase operational efficiency. We have the technology to implement T+1 settlement and this will help level the playing field for individual investors by providing more up-to-date data.
T+1 will also benefit institutional traders by lowering their margin requirements and improving liquidity in the market.
Securities and Exchange Board of India (SEBI) started to implement T+1 settlement and it is time for America to adopt it as well and lead the way.