New SEC rule says stock trades must be finalized more quickly

May 29, 2024
Trades must be finalized by the end of the following business day to minimize failures in volatile markets.
"The more a trade is unsettled, the more exposure it has to a fail," said Bob Walley of Deloitte Risk & Financial Advisory.
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Congress looks to ban lawmakers from trading individual stocks

Feb 8, 2022
Some of the proposed legislation would include spouses; some would include dependents as well.
A man walks by the New York Stock Exchange in New York City.
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$3.4 billion in new investments will help Robinhood loosen limits for now

Feb 2, 2021
Robinhood needed that new investment "because of the antiquated nature of how we settle stock trades," one finance professor says.
This photo illustration shows the logo of trading application Robinhood on a mobile phone in Arlington, Virginia on January 28, 2021.
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Robinhood slapped with two separate regulatory complaints

Dec 18, 2020
Massachusetts regulators say the brokerage app Robinhood makes it too easy for inexperienced traders to buy risky options.
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