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The push for T+2 may require regulatory changes, says Neil Henderson, the DTCC’s managing director of clearing.
Post-trade services utility DTCC has stepped up its efforts to move the industry to a shorter, T+2 settlement cycle for U.S. equities, corporate and municipal bonds and unit investment trust (UIT) trades. Neil Henderson, the DTCC’s managing director of clearing, is helping lead the charge and took a few minutes to answer FTF News’ questions....
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