US SEC chair warns EU there will be no delay in T+1 rollout

The European Commission’s latest roundtable on T+1 urges decision makers to move from talk to action

by Michael Klimes

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US SEC chair warns EU there will be no delay in T+1 rollout

Image: Getty Images

The US will not delay the move to T+1 and other markets must be ready by Memorial Day, Gary Gensler has said.

The Securities and Exchange Commission (SEC) chairman addressed delegates in a keynote speech at a roundtable hosted by the European Commission (EC) today (25 January).

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Michael Klimes

Michael Klimes is the investment banking and capital markets editor at The Banker. He joined the publication from Money Marketing where he was acting editor. He wrote about pensions for nine years on the retail and institutional side. He won B2B pensions journalist of the year at the Headline Money Awards 2022.