Dr. T on Twitter: The US Clearance and Settlement system should never have been this way. When Congress codified it in the mid-1970s, they gave them the power to eject brokers who fail-to-deliver.

The US Clearance and Settlement system should never have been this way. When Congress codified it in the mid-1970s, they gave them the power to eject brokers who fail-to-deliver. t.co/eZx4YizAbN

— Susanne Trimbath PhD (@SusanneTrimbath) February 28, 2023