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of <h1>All Stocks Must Adopt Compulsory Rolling Settlement by January 2, 2002; Exchanges to Report Compliance by October 15, 2001.</h1> The circular mandates that all stocks not under compulsory rolling settlement as of July 2, 2001, will be required to comply with this settlement system by January 2, 2002. Stock exchanges must ensure that companies establish connectivity with both depositories by September 30, 2001, to facilitate this transition. A compliance report from all stock exchanges is required by October 15, 2001. This directive aims to streamline and standardize trading practices across markets.
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