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I'm going to repeat myself. There is no requirement that brokerages are slow to settle. There is a requirement - the one you linked - that a brokerage may not
by vorpalhex 3y ago
I'm going to repeat myself.
There is no requirement that brokerages are slow to settle.
There is a requirement - the one you linked - that a brokerage may not take MORE than three days.
It does not require them to take three days. A brokerage can settle as fast as it can.