T+2 Implementation Moves Forward Without a Hitch

The T+2 Industry Working Group is gathering data for a report to regulators.

Sifma managing director for operations and technology Tom Price

Investment Company Institute (ICI) chief industry operations officer and co-chair of the T+2 Industry Steering Committee Marty Burns says that as a whole, the transition had minimal problems.

“There were no major issues during the transition, which we can base on the time and effort that was spent preparing for this moment,” Burns tells WatersTechnology. “There were a handful of small problems relating to corporate actions but that was resolved quickly and had no material impact at all.”

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