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How a change to a crucial piece of stock-market ‘plumbing’ could help all investors

·8 min read
How a change to a crucial piece of stock-market ‘plumbing’ could help all investors
In this article:
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A little over 20 years ago it took stock trades a week to settle in a brokerage account — that money was out of your reach to make new investments. The settlement process, which entails the actual transfer of ownership of an asset, forms the hidden plumbing of the investment industry.