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 What Is the FED Hiding? READ MORE U.S. Office Market Faces Major Glut, Warns BrookfieldExecutive READ MORE Record Start to 2024: Companies Ramp Up Share Repurchases READ MORE Over 80,000 Global Enthusiasts Flock to HongKong’s Twin Jewellery Shows READ MORE Gold Slides Below $2,000 As U.S. Inflation Exceeds Expectations READ MORE Add a Comment Cancel replyYour email address will not be published.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
