Gordon Gottsegen
Gordon Gottsegen is a financial journalist who covers the stock market and its developments. He focuses on providing insightful analysis of market changes and their potential impact on investors. His work often explores the intersection of technology, finance, and regulation in shaping modern markets. Through his articles, he aims to educate readers about complex financial concepts while keeping them engaged with clear and concise writing.
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The Daily's Verdict
This author is known for its high journalistic standards. The author strives to maintain neutrality and transparency in its reporting, and avoids conflicts of interest. The author has a reputation for accuracy and rarely gets contradicted on major discrepancies in its reporting.
Bias
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Conflicts of Interest
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Contradictions
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Deceptions
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Recent Articles
New U.S. Settlement Cycle: T+1 in Effect from May 2024
Broke On: Tuesday, 28 May 2024Effective May 28, 2024, the U.S. financial market shifts to a one-day settlement cycle (T+1) for equity, corporate and municipal bond transactions. Adopted by the SEC in response to market inefficiencies and manipulation risks highlighted by events like GameStop mania, T+1 aims to reduce risk and improve efficiency while making markets more resilient. Challenges lie ahead for large dollar trades and international stocks due to varying settlement timeframes.