Subject: File No. S7-05-22
From: Joshua Lory
Affiliation:

Feb. 20, 2022

Im for the shortening settlement cycle to the T-1 settlement time frame would love for it to be T-0. Blockchain technology is in production with capital market players that can facilitate shorter settlement to also allow balance and efficiency in the markets. I also want this to go into effect this year 2022. 



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Joshua Lory