SEC Chair Gensler Advocates for Accelerated Settlement in Currency Markets Gary Gensler, the chair of the U.S. Securities and Exchange Commission (SEC), has advocated for the incorporation of foreign exchange markets into the global initiative to shorten trade settlement times. Speaking at an event in Brussels, Gensler proposed reducing the timeframe for finalizing financial market deals, including currency trades, to a single day. This suggestion aligns with comments from Mairead McGuinness, the EU’s top financial services official, who indicated the EU’s intention to transition securities settlements to a one-day window. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Goldman Sachs: Gold Prices Are Forecast To Rise 6% in the Next 12 Months READ MORE Central Bank of Ireland Bolsters Economic Security by Doubling Gold Reserves READ MORE The Great Cash-Out: Billionaires Have Sold a Combined $11 Billion in Company Stock This Month READ MORE Yuan Undercuts Dollar: A Shift in Global Currency Dynamics READ MORE South Korea’s Reserve Bank Holds Back AmidGlobal Rush READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment