FINRA has done it again! The last time was back in 2017. As of May 28, 2024 FINRA's Regular Way Settlement has changed. What this change is and how if affects trading (AND YOUR EXAM) is something that students taking the SIE, Series 6, Series 7, Series 65, and Series 66 MUST KNOW! Suzy covers all the information you need in this video.
Interested in studying with Suzy, check out her course offerings here:
https://passmasters.com/securitiesex...
Don't take our word for her expertise, here's what Jude, a student taking the Securities Industry Essentials course had to say just this week:
"Thank you Suzy. You helped me “BIG TIME” on building my foundation and techniques to prepare me for my SIE. I passed the SIE exam on my 1st take. This program is highly recommended. The best!!! I enrolled Series 6 program and I’m confident i will pass it again…"
Great job Jude!
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00:00 Introduction
00:22 FINRA's Old Regular Way Settlement
00:37 FINRA's New Regular Way Settlement
01:45 How does this new rule affect the exdividend date
02:32 Cash transactions settle same day (unaffected by change)
04:13 Federal Reserve Board Regulation T
05:40 Thank you for watching!