The requirements are set by the SEC: https://www.sec.gov/about/reports-publicati... | Hacker News

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		legitster on July 13, 2023 \| parent \| context \| favorite \| on: Founder of crypto lender Celsius Network arrested,... The requirements are set by the SEC: https://www.sec.gov/about/reports-publications/investor-publ...

vorpalhex on July 13, 2023 [–]

I'm going to repeat myself.

There is no requirement that brokerages are slow to settle.

There is a requirement - the one you linked - that a brokerage may not take MORE than three days.

It does not require them to take three days. A brokerage can settle as fast as it can.

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