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CLOSURE OF BURSA MALAYSIA IN CONJUNCTION WITH DEEPAVALI 2024
Bursa Malaysia Berhad (“Bursa Malaysia” or the “Exchange”) and its subsidiaries will be closed on 31 October 2024 (Thursday), in conjunction with the Deepavali public holiday. Bursa Malaysia and its subsidiaries will resume operations on 1 November 2024 (Friday).
U.S. SEC: New “T+1” Settlement Cycle
On February 15, 2023, the Securities and Exchange Commission adopted rule amendments to shorten the standard settlement cycle for most broker-dealer transactions from “T+2” to “T+1,” subject to certain exceptions. The compliance date for the rule amendments is May 28, 2024, at which point the standard settlement cycle will be T+1. The SEC’s Office of […]
