[13273]
March 16, 2001
TO: ACCOUNTING/TREASURERS COMMITTEE No. 9-01
OPERATIONS COMMITTEE No. 11-01
SEC RULES COMMITTEE No. 27-01
T+1 ADVISORY COMMITTEE No. 3-01
RE: T+1 CONFERENCE - MAY 18, 2001
The Securities Industry Association is sponsoring a T+1 Conference at the New York
Marriott Marquis on Friday, May 18. The conference is intended to assist securities industry
firms prepare for next-day settlement. Scheduled presentations will address T+1’s impact on
streetside processing, electronic payments, corporate actions, and securities lending. There will
also be a conference session dedicated to “buy-side” issues, including the planned “virtual
matching utilities” and interoperability.
Current plans call for firms to be ready for T+1 by 2003. Industry-wide testing will take
place for approximately one year before the scheduled transition to T+1 in 2004.
The SIA has agreed to allow ICI members to register for the conference at the reduced
SIA member rate of $795. A registration form and additional information on the conference is
attached. If you are not the person responsible for trade settlement, please pass this memo on to
the appropriate person within your firm.
Gregory M. Smith
Director – Operations/
Compliance & Fund Accounting
Attachments
Attachment no. 1 (in .pdf format)