Shorter Settlement for Stocks & Bonds

Max Smith, CFP®, CIMA® | Kent Forsey, CFP® Bonds, Investing, Mutual Funds, Securities, Settlement Policy, Stocks

As of September 5, 2017, the settlement period for most security transactions has been shortened to two days, from three days. The two-day settlement date applies to most security transactions, including stocks, bonds, municipal securities, mutual funds traded through a brokerage firm, and limited partnerships that trade on an exchange. Government securities and stock options will continue to settle on …