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The U.S. securities market will move to “T+1” settlement on Tuesday, May 28, 2024. In advance of go-live, the RMA Securities Lending Council and Operations and Technology Committee are making available this update to its “Best Practices for Recalls and Buy-Ins” document. The document describes established market practices and anticipated best practices for the management of securities recalls and buy-ins under T+1 settlement. The intent is to support a well-functioning market a…
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