Outside Publication

Employers: Prep for Shorter Stock Awards Settlement Cycle, Law360

March 04, 2024

Partners Mary Hevener and Steven Johnson and associate Anna Pomykala wrote an article for Law360 discussing a coming change that will shorten the settlement cycle for most standard broker-dealer securities transactions and its implications for employers that compensate employees through nonqualified stock option or stock award programs. The article discusses the so-called “T+1” rule, potential penalties for not following the new requirement, and how employers can begin to prepare for the change.

Read the full Law360 article >>