Hey everyone so I heard that the new settlement date for stocks will now be T+1 and this will take effect on May28th does anyone one know how that will affect our study material ? deff have to take before that day now lol
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Hi Erika, great question!
Yes, the T+1 settlement update has been on our radar for a while. In our experience, FINRA and NASAA typically take several months to update their question banks, so even if you took the exam on June 1st, we wouldn’t expect you to see questions with the new timeline.
We plan to update our materials around the beginning of May, referencing both the new and old timelines to help reduce confusion on this already complicated topic.
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Thank you for the update. I just got notification from my mutual fund about this and was wondering how it would impact the test.
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