Normal Rolling Settlement eligibility expanded as specified companies moved from trade-for-trade to rolling settlement, effective soon. Shifting trading eligibility from trade-for-trade to Normal Rolling Settlement is conditioned on establishment of electronic connectivity with both depositories and admission into their systems. Fifty-six companies that established connectivity before the specified cutoff are eligible for immediate trading under Normal Rolling Settlement; the remaining admitted companies are to be shifted into rolling settlement on staggered future effective dates as listed.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Normal Rolling Settlement eligibility expanded as specified companies moved from trade-for-trade to rolling settlement, effective soon.
Shifting trading eligibility from trade-for-trade to Normal Rolling Settlement is conditioned on establishment of electronic connectivity with both depositories and admission into their systems. Fifty-six companies that established connectivity before the specified cutoff are eligible for immediate trading under Normal Rolling Settlement; the remaining admitted companies are to be shifted into rolling settlement on staggered future effective dates as listed.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
