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 Gold Forecasts Range from 25% to 50% Upside Over the Next Few Years READ MORE Gold Nears Record Highs Despite Fed's Hawkish Stance on Rates READ MORE Convergence of Gold and Dollar: Precursor to Stock Market Downturn? READ MORE April CPI Report Shows Inflation Easing, But Consumer Prices Up 3.4% Year-Over-Year READ MORE Falling Retail Sales Drive Treasury Yields Down, September Rate Cut Likely READ MORE Add a Comment Cancel replyYour email address will not be published.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