SEC Chair Gensler Advocates for Accelerated Settlement in Currency Markets Gary Gensler, the chair of the U.S. Securities and Exchange Commission (SEC), has advocated for the incorporation of foreign exchange markets into the global initiative to shorten trade settlement times. Speaking at an event in Brussels, Gensler proposed reducing the timeframe for finalizing financial market deals, including currency trades, to a single day. This suggestion aligns with comments from Mairead McGuinness, the EU’s top financial services official, who indicated the EU’s intention to transition securities settlements to a one-day window. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Market Watches Fed and Inflation Cues as Gold Steadies at $2,300 READ MORE The Road to $3,000 Gold: Citi Analysts Eye Central Bank Moves and Global Economic Trends READ MORE Gold's Appeal Grows: Survey Shows Investors Increase Gold Allocations READ MORE The $10 Trillion Defense Dilemma: Calls for Doubling NATO Defense Spending READ MORE Poll: Two-Thirds of Middle-Class Americans Struggle Financially READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment