…voted unanimously (2-0) to adopt an amendment to Rule 15c6-1 (Settlement Cycle) that would shorten the settlement cycle to T+2. • The adoption of this rule amendment was widely expected and represented a critical milestone in the ISC Timeline (see below) to implement the T+2 settlement cycle by the end of Q3 2017. • The amended rule applies the T+2 settlement cycle to the same securities transactions currently covered by the T+3 settlement cycle which includes…